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$3,114 (target)

711-713 Degraw Ave, Newark, NJ 07104

3 beds • 4 baths • 5000 sqft

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This property looks like a bad Long-Term investment with a projected -17.53% first-year return on $128k initial cash invested.

-17.53%

Cash On Cash

2.61%

Cap Rate

0.44

DSCR

$3,114

Rent

-$1,877

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,114 income − $4,991 expenses = $1,877 out of pocket

Income$3,114Out of Pocket$1,877Mortgage P&I$3,05198%Property Taxes$92030%Insurance$2107%Management$31110%CapEx$1565%Vacancy$1876%Maintenance$1565%

Investment Breakdown

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Purchase Price

$612k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$128k

Downpayment

20%

$122k

Closing costs

1%

$6,119

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,114

Total Expenses

$4,991

Mortgage P&I

98%

$3,051

Property Taxes

30%

$920

Home Insurance

7%

$210

HOA

0%

$0

Property Management

10%

$311

CapEx

5%

$156

Vacancy

6%

$187

Maintenance

5%

$156

Other

0%

$0

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