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$6,939 (target)

632 Princeton Avenue, Brick, NJ 08724

3 beds • 3 baths • 2152 sqft

$2,141,600

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This property looks like a bad Mid-Term investment with a projected -21.79% first-year return on $468k initial cash invested.

-21.79%

Cash On Cash

1.46%

Cap Rate

0.24

DSCR

$6,939

Rent

-$8,495

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,939 income − $15,434 expenses = $8,495 out of pocket

Income$6,939Out of Pocket$8,495Mortgage P&I$10,829156%Property Taxes$1,45721%Insurance$78811%Management$83312%CapEx$2784%Vacancy$2083%Maintenance$2784%Other$76311%

Investment Breakdown

|

Purchase Price

$2142k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$468k

Downpayment

20%

$428k

Closing costs

1%

$21,416

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$6,939

Total Expenses

$15,434

Mortgage P&I

156%

$10,829

Property Taxes

21%

$1,457

Home Insurance

11%

$788

HOA

0%

$0

Property Management

12%

$833

CapEx

4%

$278

Vacancy

3%

$208

Maintenance

4%

$278

Other

11%

$763

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