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$3,112 (target)

7701 Raymond Dr, Millville, NJ 08332

3 beds • 2 baths • 924 sqft

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This property could be a profitable Mid-Term investment with a projected 25.16% first-year return on $49,500 initial cash invested.

25.16%

Cash On Cash

15.39%

Cap Rate

2.52

DSCR

$3,112

Rent

$1,038

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,112 income − $2,074 expenses = $1,038 cash flow

Income$3,112Mortgage P&I$76224%Property Taxes$2047%Insurance$522%Management$37312%CapEx$1244%Vacancy$933%Maintenance$1244%Other$34211%Cash Flow$1,038

Investment Breakdown

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Purchase Price

$150k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$49,500

Downpayment

20%

$30,000

Closing costs

1%

$1,500

Rehab

0%

$0

Furnishing

12%

$18,000

Cashflow

Total Income

$3,112

Total Expenses

$2,074

Mortgage P&I

24%

$762

Property Taxes

7%

$204

Home Insurance

2%

$52

HOA

0%

$0

Property Management

12%

$373

CapEx

4%

$124

Vacancy

3%

$93

Maintenance

4%

$124

Other

11%

$342

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