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744 W 3rd Ave, Runnemede, NJ 08078

3 beds • 2 baths • 2115 sqft

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This property looks like a bad Long-Term investment with a projected -6.78% first-year return on $69,195 initial cash invested.

-6.78%

Cash On Cash

4.81%

Cap Rate

0.83

DSCR

$2,528

Rent

-$391

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$330k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$69,195

Downpayment

20%

$65,900

Closing costs

1%

$3,295

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,528

Total Expenses

$2,919

Mortgage P&I

63%

$1,587

Property Taxes

22%

$561

Home Insurance

5%

$114

HOA

0%

$0

Property Management

10%

$253

CapEx

5%

$126

Vacancy

6%

$152

Maintenance

5%

$126

Other

0%

$0

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