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$5,098 (target)

808 Tappan Street, Forked River, NJ 08731

3 beds • 2 baths • 1371 sqft

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This property might be a fair Mid-Term investment with a projected 5.64% first-year return on $111k initial cash invested.

5.64%

Cash On Cash

7.95%

Cap Rate

1.33

DSCR

$5,098

Rent

$520

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,098 income − $4,578 expenses = $520 cash flow

Income$5,098Mortgage P&I$2,20143%Property Taxes$48910%Insurance$1543%Management$61212%CapEx$2044%Vacancy$1533%Maintenance$2044%Other$56111%Cash Flow$520

Investment Breakdown

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Purchase Price

$442k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$111k

Downpayment

20%

$88,300

Closing costs

1%

$4,415

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$5,098

Total Expenses

$4,578

Mortgage P&I

43%

$2,201

Property Taxes

10%

$489

Home Insurance

3%

$154

HOA

0%

$0

Property Management

12%

$612

CapEx

4%

$204

Vacancy

3%

$153

Maintenance

4%

$204

Other

11%

$561

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