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$4,516 (target)

7327 Driftwood Ln, Mays Landing, NJ 08330

3 beds • 3 baths • sqft

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This property might be a fair Mid-Term investment with a projected 4.97% first-year return on $97,695 initial cash invested.

4.97%

Cash On Cash

7.91%

Cap Rate

1.31

DSCR

$4,516

Rent

$405

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,516 income − $4,111 expenses = $405 cash flow

Income$4,516Mortgage P&I$1,91742%Property Taxes$55312%Insurance$1052%Management$54212%CapEx$1814%Vacancy$1353%Maintenance$1814%Other$49711%Cash Flow$405

Investment Breakdown

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Purchase Price

$380k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$97,695

Downpayment

20%

$75,900

Closing costs

1%

$3,795

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,516

Total Expenses

$4,111

Mortgage P&I

42%

$1,917

Property Taxes

12%

$553

Home Insurance

2%

$105

HOA

0%

$0

Property Management

12%

$542

CapEx

4%

$181

Vacancy

3%

$135

Maintenance

4%

$181

Other

11%

$497

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