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304 Terrace Ave, Jersey City, NJ 07307

2 beds • 2 baths • sqft

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This property looks like a bad Long-Term investment with a projected -16.87% first-year return on $147k initial cash invested.

-16.87%

Cash On Cash

2.85%

Cap Rate

0.47

DSCR

$3,290

Rent

-$2,064

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$699k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$147k

Downpayment

20%

$140k

Closing costs

1%

$6,990

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,290

Total Expenses

$5,354

Mortgage P&I

108%

$3,561

Property Taxes

21%

$694

Home Insurance

7%

$245

HOA

0%

$0

Property Management

10%

$329

CapEx

5%

$164

Vacancy

6%

$197

Maintenance

5%

$164

Other

0%

$0

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Comparable Property

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Beds

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SQFT

Distance

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$1,100

2

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$2,850

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4

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