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$5,343 (target)

3 Darwin Rd, Somerset, NJ 08873

3 beds • 3 baths • 1434 sqft

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This property looks like a bad Mid-Term investment with a projected -3.62% first-year return on $144k initial cash invested.

-3.62%

Cash On Cash

5.54%

Cap Rate

0.93

DSCR

$5,343

Rent

-$434

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,343 income − $5,777 expenses = $434 out of pocket

Income$5,343Out of Pocket$434Mortgage P&I$2,98956%Property Taxes$80615%Insurance$1653%Management$64112%CapEx$2144%Vacancy$1603%Maintenance$2144%Other$58811%

Investment Breakdown

|

Purchase Price

$600k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$144k

Downpayment

20%

$120k

Closing costs

1%

$6,003

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$5,343

Total Expenses

$5,777

Mortgage P&I

56%

$2,989

Property Taxes

15%

$806

Home Insurance

3%

$165

HOA

0%

$0

Property Management

12%

$641

CapEx

4%

$214

Vacancy

3%

$160

Maintenance

4%

$214

Other

11%

$588

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