415 Navesink Avenue, Atlantic Highlands, NJ 07716
3 beds • 3 baths • 1890 sqft
$788,800
View on ZillowThis property looks like a bad Long-Term investment with a projected -15.1% first-year return on $166k initial cash invested.
-15.1%
Cash On Cash
3.27%
Cap Rate
0.53
DSCR
$4,270
Rent
-$2,085
Cashflow
Cash Flow
$4,270 income − $6,355 expenses = $2,085 out of pocket
Investment Breakdown
|
Purchase Price
$789k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$166k
Downpayment
20%
$158k
Closing costs
1%
$7,888
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,270
Total Expenses
$6,355
Mortgage P&I
94%
$4,022
Property Taxes
22%
$942
Home Insurance
7%
$280
HOA
0%
$0
Property Management
10%
$427
CapEx
5%
$214
Vacancy
6%
$256
Maintenance
5%
$214
Other
0%
$0