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$7,502 (target)

6 Volt Place, Middletown, NJ 07748

3 beds • 3 baths • 2024 sqft

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This property might be a fair Mid-Term investment with a projected 0.44% first-year return on $174k initial cash invested.

0.44%

Cash On Cash

6.74%

Cap Rate

1.1

DSCR

$7,502

Rent

$64

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$7,502 income − $7,438 expenses = $64 cash flow

Income$7,502Mortgage P&I$3,80051%Property Taxes$80811%Insurance$2804%Management$90012%CapEx$3004%Vacancy$2253%Maintenance$3004%Other$82511%Cash Flow$64

Investment Breakdown

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Purchase Price

$741k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$174k

Downpayment

20%

$148k

Closing costs

1%

$7,411

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$7,502

Total Expenses

$7,438

Mortgage P&I

51%

$3,800

Property Taxes

11%

$808

Home Insurance

4%

$280

HOA

0%

$0

Property Management

12%

$900

CapEx

4%

$300

Vacancy

3%

$225

Maintenance

4%

$300

Other

11%

$825

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