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$3,874 (target)

345 Ridge Ave, Blackwood, NJ 08012

3 beds • 2 baths • 1290 sqft

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This property might be a fair Mid-Term investment with a projected 1.43% first-year return on $89,232 initial cash invested.

1.43%

Cash On Cash

7.05%

Cap Rate

1.15

DSCR

$3,874

Rent

$106

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,874 income − $3,768 expenses = $106 cash flow

Income$3,874Mortgage P&I$1,73245%Property Taxes$60216%Insurance$1173%Management$46512%CapEx$1554%Vacancy$1163%Maintenance$1554%Other$42611%Cash Flow$106

Investment Breakdown

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Purchase Price

$339k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$89,232

Downpayment

20%

$67,840

Closing costs

1%

$3,392

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,874

Total Expenses

$3,768

Mortgage P&I

45%

$1,732

Property Taxes

16%

$602

Home Insurance

3%

$117

HOA

0%

$0

Property Management

12%

$465

CapEx

4%

$155

Vacancy

3%

$116

Maintenance

4%

$155

Other

11%

$426

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