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38 Hinsdale Pl, Newark, NJ 07104

3 beds • 2 baths • sqft

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This property looks like a bad Long-Term investment with a projected -14.03% first-year return on $105k initial cash invested.

-14.03%

Cash On Cash

3.31%

Cap Rate

0.56

DSCR

$2,770

Rent

-$1,228

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$500k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$105k

Downpayment

20%

$99,998

Closing costs

1%

$5,000

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,770

Total Expenses

$3,998

Mortgage P&I

89%

$2,468

Property Taxes

23%

$636

Home Insurance

6%

$175

HOA

0%

$0

Property Management

10%

$277

CapEx

5%

$138

Vacancy

6%

$166

Maintenance

5%

$138

Other

0%

$0

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Comparable Property

Rent

Beds

Baths

SQFT

Distance

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2

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3

2

0.1 mi

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3

1.5

0.4 mi

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$2,500

4

2

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1.3 mi

1255 S Forest Knoll St

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2

1

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

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