415 Navesink Avenue, Atlantic Highlands, NJ 07716
3 beds • 3 baths • 1890 sqft
$788,800
View on ZillowThis property looks like a bad Mid-Term investment with a projected -6.65% first-year return on $184k initial cash invested.
-6.65%
Cash On Cash
4.96%
Cap Rate
0.81
DSCR
$6,405
Rent
-$1,017
Cashflow
Cash Flow
$6,405 income − $7,422 expenses = $1,017 out of pocket
Investment Breakdown
|
Purchase Price
$789k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$184k
Downpayment
20%
$158k
Closing costs
1%
$7,888
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$6,405
Total Expenses
$7,422
Mortgage P&I
63%
$4,022
Property Taxes
15%
$942
Home Insurance
4%
$280
HOA
0%
$0
Property Management
12%
$769
CapEx
4%
$256
Vacancy
3%
$192
Maintenance
4%
$256
Other
11%
$705