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54 Cedar Island Drive, Brick, NJ 08723

4 beds • 3 baths • 3720 sqft

$1,955,600

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This property looks like a bad Long-Term investment with a projected -21.26% first-year return on $411k initial cash invested.

-21.26%

Cash On Cash

1.75%

Cap Rate

0.29

DSCR

$6,836

Rent

-$7,277

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$1956k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$411k

Downpayment

20%

$391k

Closing costs

1%

$19,556

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$6,836

Total Expenses

$14,113

Mortgage P&I

143%

$9,782

Property Taxes

27%

$1,853

Home Insurance

10%

$700

HOA

0%

$0

Property Management

10%

$684

CapEx

5%

$342

Vacancy

6%

$410

Maintenance

5%

$342

Other

0%

$0

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