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$3,534 (target)

7 Morningside Dr, Pennington, NJ 08534

3 beds • 2 baths • 1796 sqft

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This property looks like a bad Long-Term investment with a projected -11.84% first-year return on $133k initial cash invested.

-11.84%

Cash On Cash

3.87%

Cap Rate

0.64

DSCR

$3,534

Rent

-$1,313

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,534 income − $4,847 expenses = $1,313 out of pocket

Income$3,534Out of Pocket$1,313Mortgage P&I$3,17890%Property Taxes$53015%Insurance$2206%Management$35310%CapEx$1775%Vacancy$2126%Maintenance$1775%

Investment Breakdown

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Purchase Price

$634k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$133k

Downpayment

20%

$127k

Closing costs

1%

$6,337

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,534

Total Expenses

$4,847

Mortgage P&I

90%

$3,178

Property Taxes

15%

$530

Home Insurance

6%

$220

HOA

0%

$0

Property Management

10%

$353

CapEx

5%

$177

Vacancy

6%

$212

Maintenance

5%

$177

Other

0%

$0

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