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$6,194 (target)

363 Springbrook Trl, Sparta, NJ 07871

3 beds • 3 baths • sqft

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This property looks like a bad Mid-Term investment with a projected -7.77% first-year return on $167k initial cash invested.

-7.77%

Cash On Cash

4.59%

Cap Rate

0.77

DSCR

$6,194

Rent

-$1,082

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,194 income − $7,276 expenses = $1,082 out of pocket

Income$6,194Out of Pocket$1,082Mortgage P&I$3,55057%Property Taxes$1,11818%Insurance$2524%HOA$2504%Management$74312%CapEx$2484%Vacancy$1863%Maintenance$2484%Other$68111%

Investment Breakdown

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Purchase Price

$710k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$167k

Downpayment

20%

$142k

Closing costs

1%

$7,104

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$6,194

Total Expenses

$7,276

Mortgage P&I

57%

$3,550

Property Taxes

18%

$1,118

Home Insurance

4%

$252

HOA

4%

$250

Property Management

12%

$743

CapEx

4%

$248

Vacancy

3%

$186

Maintenance

4%

$248

Other

11%

$681

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