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$3,882 (target)

74 Cedar Rd, Pittsgrove, NJ 08318

3 beds • 2 baths • 1513 sqft

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This property might be a fair Mid-Term investment with a projected 3.58% first-year return on $88,182 initial cash invested.

3.58%

Cash On Cash

7.36%

Cap Rate

1.26

DSCR

$3,882

Rent

$263

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,882 income − $3,619 expenses = $263 cash flow

Income$3,882Mortgage P&I$1,63242%Property Taxes$55114%Insurance$1173%Management$46612%CapEx$1554%Vacancy$1163%Maintenance$1554%Other$42711%Cash Flow$263

Investment Breakdown

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Purchase Price

$334k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$88,182

Downpayment

20%

$66,840

Closing costs

1%

$3,342

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,882

Total Expenses

$3,619

Mortgage P&I

42%

$1,632

Property Taxes

14%

$551

Home Insurance

3%

$117

HOA

0%

$0

Property Management

12%

$466

CapEx

4%

$155

Vacancy

3%

$116

Maintenance

4%

$155

Other

11%

$427

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