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$5,574 (target)

60 Conover Street, Freehold, NJ 07728

3 beds • 2 baths • 1120 sqft

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This property might be a fair Mid-Term investment with a projected 9.14% first-year return on $109k initial cash invested.

9.14%

Cash On Cash

8.91%

Cap Rate

1.49

DSCR

$5,574

Rent

$828

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,574 income − $4,746 expenses = $828 cash flow

Income$5,574Mortgage P&I$2,15439%Property Taxes$55710%Insurance$1403%Management$66912%CapEx$2234%Vacancy$1673%Maintenance$2234%Other$61311%Cash Flow$828

Investment Breakdown

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Purchase Price

$432k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$109k

Downpayment

20%

$86,340

Closing costs

1%

$4,317

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$5,574

Total Expenses

$4,746

Mortgage P&I

39%

$2,154

Property Taxes

10%

$557

Home Insurance

3%

$140

HOA

0%

$0

Property Management

12%

$669

CapEx

4%

$223

Vacancy

3%

$167

Maintenance

4%

$223

Other

11%

$613

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