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$5,954 (target)

653 Westfield Ave, Westfield, NJ 07090

3 beds • 2 baths • sqft

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This property looks like a bad Mid-Term investment with a projected -15.72% first-year return on $228k initial cash invested.

-15.72%

Cash On Cash

3.26%

Cap Rate

0.5

DSCR

$5,954

Rent

-$2,984

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,954 income − $8,938 expenses = $2,984 out of pocket

Income$5,954Out of Pocket$2,984Mortgage P&I$5,46492%Property Taxes$1,10018%Insurance$3506%Management$71412%CapEx$2384%Vacancy$1793%Maintenance$2384%Other$65511%

Investment Breakdown

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Purchase Price

$999k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$228k

Downpayment

20%

$200k

Closing costs

1%

$9,990

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$5,954

Total Expenses

$8,938

Mortgage P&I

92%

$5,464

Property Taxes

18%

$1,100

Home Insurance

6%

$350

HOA

0%

$0

Property Management

12%

$714

CapEx

4%

$238

Vacancy

3%

$179

Maintenance

4%

$238

Other

11%

$655

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