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$4,120 (target)

613 Ashland Ave, Mays Landing, NJ 08330

3 beds • 2 baths • sqft

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This property might be a fair Mid-Term investment with a projected 0.26% first-year return on $101k initial cash invested.

0.26%

Cash On Cash

6.69%

Cap Rate

1.09

DSCR

$4,120

Rent

$22

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,120 income − $4,098 expenses = $22 cash flow

Income$4,120Mortgage P&I$2,02849%Property Taxes$52913%Insurance$1403%Management$49412%CapEx$1654%Vacancy$1243%Maintenance$1654%Other$45311%Cash Flow$22

Investment Breakdown

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Purchase Price

$397k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$101k

Downpayment

20%

$79,480

Closing costs

1%

$3,974

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,120

Total Expenses

$4,098

Mortgage P&I

49%

$2,028

Property Taxes

13%

$529

Home Insurance

3%

$140

HOA

0%

$0

Property Management

12%

$494

CapEx

4%

$165

Vacancy

3%

$124

Maintenance

4%

$165

Other

11%

$453

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