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$5,076 (target)

60 Pelican Drive, Bayville, NJ 08721

3 beds • 2 baths • sqft

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This property might be a fair Mid-Term investment with a projected 3.16% first-year return on $118k initial cash invested.

3.16%

Cash On Cash

7.28%

Cap Rate

1.22

DSCR

$5,076

Rent

$310

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,076 income − $4,766 expenses = $310 cash flow

Income$5,076Mortgage P&I$2,36747%Property Taxes$50810%Insurance$1663%Management$60912%CapEx$2034%Vacancy$1523%Maintenance$2034%Other$55811%Cash Flow$310

Investment Breakdown

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Purchase Price

$475k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$118k

Downpayment

20%

$95,000

Closing costs

1%

$4,750

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$5,076

Total Expenses

$4,766

Mortgage P&I

47%

$2,367

Property Taxes

10%

$508

Home Insurance

3%

$166

HOA

0%

$0

Property Management

12%

$609

CapEx

4%

$203

Vacancy

3%

$152

Maintenance

4%

$203

Other

11%

$558

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