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308 Forsgate Dr, Monroe Township, NJ 08831

3 beds • 2 baths • 2389 sqft

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This property looks like a bad Long-Term investment with a projected -12.05% first-year return on $119k initial cash invested.

-12.05%

Cash On Cash

3.69%

Cap Rate

0.63

DSCR

$3,700

Rent

-$1,197

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$568k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$119k

Downpayment

20%

$114k

Closing costs

1%

$5,676

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,700

Total Expenses

$4,897

Mortgage P&I

74%

$2,756

Property Taxes

25%

$929

Home Insurance

7%

$250

HOA

0%

$0

Property Management

10%

$370

CapEx

5%

$185

Vacancy

6%

$222

Maintenance

5%

$185

Other

0%

$0

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