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$4,725 (target)

615 Beach Blvd, Forked River, NJ 08731

3 beds • 2 baths • 1180 sqft

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This property might be a fair Mid-Term investment with a projected 3.13% first-year return on $112k initial cash invested.

3.13%

Cash On Cash

7.27%

Cap Rate

1.21

DSCR

$4,725

Rent

$293

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,725 income − $4,432 expenses = $293 cash flow

Income$4,725Mortgage P&I$2,24247%Property Taxes$4259%Insurance$1583%Management$56712%CapEx$1894%Vacancy$1423%Maintenance$1894%Other$52011%Cash Flow$293

Investment Breakdown

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Purchase Price

$450k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$112k

Downpayment

20%

$89,980

Closing costs

1%

$4,499

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,725

Total Expenses

$4,432

Mortgage P&I

47%

$2,242

Property Taxes

9%

$425

Home Insurance

3%

$158

HOA

0%

$0

Property Management

12%

$567

CapEx

4%

$189

Vacancy

3%

$142

Maintenance

4%

$189

Other

11%

$520

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