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$3,376 (target)

829 S 2nd St, Millville, NJ 08332

3 beds • 2 baths • 1460 sqft

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This property could be a profitable Mid-Term investment with a projected 18.48% first-year return on $56,745 initial cash invested.

18.48%

Cash On Cash

12.84%

Cap Rate

2.05

DSCR

$3,376

Rent

$874

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,376 income − $2,502 expenses = $874 cash flow

Income$3,376Mortgage P&I$96529%Property Taxes$3169%Insurance$742%Management$40512%CapEx$1354%Vacancy$1013%Maintenance$1354%Other$37111%Cash Flow$874

Investment Breakdown

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Purchase Price

$185k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$56,745

Downpayment

20%

$36,900

Closing costs

1%

$1,845

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$3,376

Total Expenses

$2,502

Mortgage P&I

29%

$965

Property Taxes

9%

$316

Home Insurance

2%

$74

HOA

0%

$0

Property Management

12%

$405

CapEx

4%

$135

Vacancy

3%

$101

Maintenance

4%

$135

Other

11%

$371

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