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$5,493 (target)

429 E Shore Trl, Sparta, NJ 07871

3 beds • 3 baths • sqft

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This property looks like a bad Mid-Term investment with a projected -12.62% first-year return on $173k initial cash invested.

-12.62%

Cash On Cash

3.52%

Cap Rate

0.58

DSCR

$5,493

Rent

-$1,820

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,493 income − $7,313 expenses = $1,820 out of pocket

Income$5,493Out of Pocket$1,820Mortgage P&I$3,76569%Property Taxes$1,16421%Insurance$2555%HOA$2615%Management$65912%CapEx$2204%Vacancy$1653%Maintenance$2204%Other$60411%

Investment Breakdown

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Purchase Price

$738k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$173k

Downpayment

20%

$148k

Closing costs

1%

$7,384

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$5,493

Total Expenses

$7,313

Mortgage P&I

69%

$3,765

Property Taxes

21%

$1,164

Home Insurance

5%

$255

HOA

5%

$261

Property Management

12%

$659

CapEx

4%

$220

Vacancy

3%

$165

Maintenance

4%

$220

Other

11%

$604

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