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$9,260 (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 Mid-Term investment with a projected -17.1% first-year return on $381k initial cash invested.

-17.1%

Cash On Cash

2.99%

Cap Rate

0.46

DSCR

$9,260

Rent

-$5,424

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$9,260 income − $14,684 expenses = $5,424 out of pocket

Income$9,260Out of Pocket$5,424Mortgage P&I$9,363101%Property Taxes$1,68518%Insurance$4885%Management$1,11112%CapEx$3704%Vacancy$2783%Maintenance$3704%Other$1,01911%

Investment Breakdown

|

Purchase Price

$1727k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$381k

Downpayment

20%

$345k

Closing costs

1%

$17,272

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$9,260

Total Expenses

$14,684

Mortgage P&I

101%

$9,363

Property Taxes

18%

$1,685

Home Insurance

5%

$488

HOA

0%

$0

Property Management

12%

$1,111

CapEx

4%

$370

Vacancy

3%

$278

Maintenance

4%

$370

Other

11%

$1,019

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