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$5,301 (target)

7 Morningside Dr, Pennington, NJ 08534

3 beds • 2 baths • 1796 sqft

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This property looks like a bad Mid-Term investment with a projected -3.41% first-year return on $151k initial cash invested.

-3.41%

Cash On Cash

5.61%

Cap Rate

0.93

DSCR

$5,301

Rent

-$429

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,301 income − $5,730 expenses = $429 out of pocket

Income$5,301Out of Pocket$429Mortgage P&I$3,17860%Property Taxes$53010%Insurance$2204%Management$63612%CapEx$2124%Vacancy$1593%Maintenance$2124%Other$58311%

Investment Breakdown

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Purchase Price

$634k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$151k

Downpayment

20%

$127k

Closing costs

1%

$6,337

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$5,301

Total Expenses

$5,730

Mortgage P&I

60%

$3,178

Property Taxes

10%

$530

Home Insurance

4%

$220

HOA

0%

$0

Property Management

12%

$636

CapEx

4%

$212

Vacancy

3%

$159

Maintenance

4%

$212

Other

11%

$583

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