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$6,804 (target)

31 Penny Lane, Neptune, NJ 07753

3 beds • 3 baths • 2115 sqft

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This property looks like a bad Mid-Term investment with a projected -6.24% first-year return on $175k initial cash invested.

-6.24%

Cash On Cash

5.08%

Cap Rate

0.83

DSCR

$6,804

Rent

-$909

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,804 income − $7,713 expenses = $909 out of pocket

Income$6,804Out of Pocket$909Mortgage P&I$3,79756%Property Taxes$1,04715%Insurance$2624%HOA$2954%Management$81612%CapEx$2724%Vacancy$2043%Maintenance$2724%Other$74811%

Investment Breakdown

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Purchase Price

$746k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$175k

Downpayment

20%

$149k

Closing costs

1%

$7,463

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$6,804

Total Expenses

$7,713

Mortgage P&I

56%

$3,797

Property Taxes

15%

$1,047

Home Insurance

4%

$262

HOA

4%

$295

Property Management

12%

$816

CapEx

4%

$272

Vacancy

3%

$204

Maintenance

4%

$272

Other

11%

$748

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