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$5,421 (target)

81 Lamppost Ln, Somerdale, NJ 08083

3 beds • 3 baths • 1716 sqft

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This property might be a fair Mid-Term investment with a projected 3.88% first-year return on $112k initial cash invested.

3.88%

Cash On Cash

7.7%

Cap Rate

1.25

DSCR

$5,421

Rent

$364

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,421 income − $5,057 expenses = $364 cash flow

Income$5,421Mortgage P&I$2,30743%Property Taxes$74814%Insurance$1583%Management$65112%CapEx$2174%Vacancy$1633%Maintenance$2174%Other$59611%Cash Flow$364

Investment Breakdown

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Purchase Price

$450k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$112k

Downpayment

20%

$89,980

Closing costs

1%

$4,499

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$5,421

Total Expenses

$5,057

Mortgage P&I

43%

$2,307

Property Taxes

14%

$748

Home Insurance

3%

$158

HOA

0%

$0

Property Management

12%

$651

CapEx

4%

$217

Vacancy

3%

$163

Maintenance

4%

$217

Other

11%

$596

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