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$4,119 (target)

428 Flanders Rd, Burlington, NJ 08016

3 beds • 2 baths • 1508 sqft

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This property might be a fair Mid-Term investment with a projected 7.28% first-year return on $84,696 initial cash invested.

7.28%

Cash On Cash

8.55%

Cap Rate

1.43

DSCR

$4,119

Rent

$514

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,119 income − $3,605 expenses = $514 cash flow

Income$4,119Mortgage P&I$1,58338%Property Taxes$51112%Insurance$1103%Management$49412%CapEx$1654%Vacancy$1243%Maintenance$1654%Other$45311%Cash Flow$514

Investment Breakdown

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Purchase Price

$318k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$84,696

Downpayment

20%

$63,520

Closing costs

1%

$3,176

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$4,119

Total Expenses

$3,605

Mortgage P&I

38%

$1,583

Property Taxes

12%

$511

Home Insurance

3%

$110

HOA

0%

$0

Property Management

12%

$494

CapEx

4%

$165

Vacancy

3%

$124

Maintenance

4%

$165

Other

11%

$453

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