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$9,642 (target)

66 Windward Way, Red Bank, NJ 07701

3 beds • 4 baths • 2662 sqft

$1,283,800

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This property looks like a bad Mid-Term investment with a projected -11.68% first-year return on $288k initial cash invested.

-11.68%

Cash On Cash

4.13%

Cap Rate

0.65

DSCR

$9,642

Rent

-$2,800

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$9,642 income − $12,442 expenses = $2,800 out of pocket

Income$9,642Out of Pocket$2,800Mortgage P&I$6,83371%Property Taxes$1,49215%Insurance$4204%HOA$4184%Management$1,15712%CapEx$3864%Vacancy$2893%Maintenance$3864%Other$1,06111%

Investment Breakdown

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Purchase Price

$1284k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$288k

Downpayment

20%

$257k

Closing costs

1%

$12,838

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$9,642

Total Expenses

$12,442

Mortgage P&I

71%

$6,833

Property Taxes

15%

$1,492

Home Insurance

4%

$420

HOA

4%

$418

Property Management

12%

$1,157

CapEx

4%

$386

Vacancy

3%

$289

Maintenance

4%

$386

Other

11%

$1,061

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