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$6,536 (target)

40 N Shore Trl, Sparta, NJ 07871

3 beds • 3 baths • sqft

$1,102,500

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This property looks like a bad Mid-Term investment with a projected -15.88% first-year return on $250k initial cash invested.

-15.88%

Cash On Cash

2.53%

Cap Rate

0.43

DSCR

$6,536

Rent

-$3,302

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,536 income − $9,838 expenses = $3,302 out of pocket

Income$6,536Out of Pocket$3,302Mortgage P&I$5,36182%Property Taxes$1,58524%Insurance$3966%HOA$2754%Management$78412%CapEx$2614%Vacancy$1963%Maintenance$2614%Other$71911%

Investment Breakdown

|

Purchase Price

$1103k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$250k

Downpayment

20%

$221k

Closing costs

1%

$11,025

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$6,536

Total Expenses

$9,838

Mortgage P&I

82%

$5,361

Property Taxes

24%

$1,585

Home Insurance

6%

$396

HOA

4%

$275

Property Management

12%

$784

CapEx

4%

$261

Vacancy

3%

$196

Maintenance

4%

$261

Other

11%

$719

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