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$6,826 (target)

8 W Lake Road, Red Bank, NJ 07701

3 beds • 2 baths • 1674 sqft

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This property looks like a bad Mid-Term investment with a projected -3.92% first-year return on $182k initial cash invested.

-3.92%

Cash On Cash

5.42%

Cap Rate

0.92

DSCR

$6,826

Rent

-$593

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,826 income − $7,419 expenses = $593 out of pocket

Income$6,826Out of Pocket$593Mortgage P&I$3,84256%Property Taxes$98614%Insurance$2704%Management$81912%CapEx$2734%Vacancy$2053%Maintenance$2734%Other$75111%

Investment Breakdown

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Purchase Price

$780k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$182k

Downpayment

20%

$156k

Closing costs

1%

$7,795

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$6,826

Total Expenses

$7,419

Mortgage P&I

56%

$3,842

Property Taxes

14%

$986

Home Insurance

4%

$270

HOA

0%

$0

Property Management

12%

$819

CapEx

4%

$273

Vacancy

3%

$205

Maintenance

4%

$273

Other

11%

$751

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