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$3,572 (target)

32 Richards Dr, Pittsgrove, NJ 08318

3 beds • 2 baths • 1472 sqft

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This property might be a fair Mid-Term investment with a projected 0.45% first-year return on $89,673 initial cash invested.

0.45%

Cash On Cash

6.69%

Cap Rate

1.1

DSCR

$3,572

Rent

$34

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,572 income − $3,538 expenses = $34 cash flow

Income$3,572Mortgage P&I$1,72648%Property Taxes$44012%Insurance$1574%Management$42912%CapEx$1434%Vacancy$1073%Maintenance$1434%Other$39311%Cash Flow$34

Investment Breakdown

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Purchase Price

$341k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$89,673

Downpayment

20%

$68,260

Closing costs

1%

$3,413

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,572

Total Expenses

$3,538

Mortgage P&I

48%

$1,726

Property Taxes

12%

$440

Home Insurance

4%

$157

HOA

0%

$0

Property Management

12%

$429

CapEx

4%

$143

Vacancy

3%

$107

Maintenance

4%

$143

Other

11%

$393

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