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$6,173 (target)

659 Forest Ave, Westfield, NJ 07090

3 beds • 4 baths • sqft

$1,727,200

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This property looks like a bad Long-Term investment with a projected -23.05% first-year return on $363k initial cash invested.

-23.05%

Cash On Cash

1.88%

Cap Rate

0.29

DSCR

$6,173

Rent

-$6,968

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,173 income − $13,141 expenses = $6,968 out of pocket

Income$6,173Out of Pocket$6,968Mortgage P&I$9,363152%Property Taxes$1,68527%Insurance$4888%Management$61710%CapEx$3095%Vacancy$3706%Maintenance$3095%

Investment Breakdown

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Purchase Price

$1727k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$363k

Downpayment

20%

$345k

Closing costs

1%

$17,272

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$6,173

Total Expenses

$13,141

Mortgage P&I

152%

$9,363

Property Taxes

27%

$1,685

Home Insurance

8%

$488

HOA

0%

$0

Property Management

10%

$617

CapEx

5%

$309

Vacancy

6%

$370

Maintenance

5%

$309

Other

0%

$0

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