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$5,360 (target)

41 Alberta Avenue, Middletown, NJ 07748

3 beds • 2 baths • 1236 sqft

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This property might be a fair Mid-Term investment with a projected 4.57% first-year return on $116k initial cash invested.

4.57%

Cash On Cash

7.64%

Cap Rate

1.28

DSCR

$5,360

Rent

$441

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,360 income − $4,919 expenses = $441 cash flow

Income$5,360Mortgage P&I$2,30743%Property Taxes$62712%Insurance$1633%Management$64312%CapEx$2144%Vacancy$1613%Maintenance$2144%Other$59011%Cash Flow$441

Investment Breakdown

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Purchase Price

$465k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$116k

Downpayment

20%

$93,080

Closing costs

1%

$4,654

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$5,360

Total Expenses

$4,919

Mortgage P&I

43%

$2,307

Property Taxes

12%

$627

Home Insurance

3%

$163

HOA

0%

$0

Property Management

12%

$643

CapEx

4%

$214

Vacancy

3%

$161

Maintenance

4%

$214

Other

11%

$590

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