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$4,344 (target)

707 Prospect St, Westfield, NJ 07090

3 beds • 2 baths • sqft

$1,112,300

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This property looks like a bad Long-Term investment with a projected -20.17% first-year return on $234k initial cash invested.

-20.17%

Cash On Cash

2.08%

Cap Rate

0.34

DSCR

$4,344

Rent

-$3,926

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,344 income − $8,270 expenses = $3,926 out of pocket

Income$4,344Out of Pocket$3,926Mortgage P&I$5,637130%Property Taxes$1,16327%Insurance$3418%Management$43410%CapEx$2175%Vacancy$2616%Maintenance$2175%

Investment Breakdown

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Purchase Price

$1112k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$234k

Downpayment

20%

$222k

Closing costs

1%

$11,123

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$4,344

Total Expenses

$8,270

Mortgage P&I

130%

$5,637

Property Taxes

27%

$1,163

Home Insurance

8%

$341

HOA

0%

$0

Property Management

10%

$434

CapEx

5%

$217

Vacancy

6%

$261

Maintenance

5%

$217

Other

0%

$0

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