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$5,019 (target)

73 George St, Carteret, NJ 07008

3 beds • 2 baths • 1197 sqft

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This property looks like a bad Mid-Term investment with a projected -4.38% first-year return on $141k initial cash invested.

-4.38%

Cash On Cash

5.48%

Cap Rate

0.9

DSCR

$5,019

Rent

-$513

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,019 income − $5,532 expenses = $513 out of pocket

Income$5,019Out of Pocket$513Mortgage P&I$2,97559%Property Taxes$64913%Insurance$2014%Management$60212%CapEx$2014%Vacancy$1513%Maintenance$2014%Other$55211%

Investment Breakdown

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Purchase Price

$583k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$141k

Downpayment

20%

$117k

Closing costs

1%

$5,834

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$5,019

Total Expenses

$5,532

Mortgage P&I

59%

$2,975

Property Taxes

13%

$649

Home Insurance

4%

$201

HOA

0%

$0

Property Management

12%

$602

CapEx

4%

$201

Vacancy

3%

$151

Maintenance

4%

$201

Other

11%

$552

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