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87 Sherman Pl, Jersey City, NJ 07307

3 beds • 3 baths • 1860 sqft

$1,750,000

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This property looks like a bad Long-Term investment with a projected -24.82% first-year return on $368k initial cash invested.

-24.82%

Cash On Cash

0.94%

Cap Rate

0.16

DSCR

$3,780

Rent

-$7,601

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$1750k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$368k

Downpayment

20%

$350k

Closing costs

1%

$17,500

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,780

Total Expenses

$11,381

Mortgage P&I

232%

$8,784

Property Taxes

27%

$1,002

Home Insurance

16%

$612

HOA

0%

$0

Property Management

10%

$378

CapEx

5%

$189

Vacancy

6%

$227

Maintenance

5%

$189

Other

0%

$0

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