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54-60 Mcwhorter St Unit 105 #105, Newark, NJ 07105
1 beds • 2 baths • 808 sqft
$345,000
View on ZillowThis property looks like a bad Long-Term investment with a projected -10.65% first-year return on $72,450 initial cash invested.
-10.65%
Cash On Cash
4.13%
Cap Rate
0.7
DSCR
$2,520
Rent
-$643
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Investment Breakdown
|
Purchase Price
$345k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$72,450
Downpayment
20%
$69,000
Closing costs
1%
$3,450
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,520
Total Expenses
$3,163
Mortgage P&I
68%
$1,703
Property Taxes
15%
$384
Home Insurance
5%
$121
HOA
12%
$300
Property Management
10%
$252
CapEx
5%
$126
Vacancy
6%
$151
Maintenance
5%
$126
Other
0%
$0
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Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|
118 Elm St, Unit 4, Newark, NJ 07105 | $1,900 | 1 | 1 | 0.2 mi | |
486 Market St, Units 302 & 304, Newark, NJ 07105 | $2,350 | 1 | 1 | 0.4 mi | |
274 Lafayette St, Unit 301, Newark, NJ 07105 | $2,500 | 2 | 2 | 1170 | 0.3 mi |
225-239 Mcwhorter St, Apt 403, Newark, NJ 07105 | $3,075 | 1 | 2 | 961 | 0.5 mi |
104 W Rancho Del Cerro | $2,500 | 4 | 2 | 2380 | 1.3 mi |
1255 S Forest Knoll St | $1,100 | 2 | 1 | 0.9 mi | |
2022 S American St | $2,850 | 5 | 4 | 3030 | 0.6 mi |
1255 S Forest Knoll St | $1,100 | 2 | 1 | 2020 | 0.9 mi |
2022 S American St | $2,850 | 5 | 4 | 3030 | 0.6 mi |
1255 S Forest Knoll St | $1,100 | 2 | 1 | 2020 | 0.9 mi |
2022 S American St | $2,850 | 5 | 4 | 3030 | 0.6 mi |
Projection Charts
Investment Value YoY
Annualized Return
Investment projections and seasonality
CoC vs Downpayment
Investment projections and seasonality
CoC vs Purchase Price
Investment projections and seasonality