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$5,614 (target)

87 Sherman Pl, Jersey City, NJ 07307

3 beds • 3 baths • sqft

$1,599,000

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This property looks like a bad Mid-Term investment with a projected -20.38% first-year return on $354k initial cash invested.

-20.38%

Cash On Cash

1.78%

Cap Rate

0.29

DSCR

$5,614

Rent

-$6,009

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,614 income − $11,623 expenses = $6,009 out of pocket

Income$5,614Out of Pocket$6,009Mortgage P&I$8,151145%Property Taxes$1,00218%Insurance$56010%Management$67412%CapEx$2254%Vacancy$1683%Maintenance$2254%Other$61811%

Investment Breakdown

|

Purchase Price

$1599k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$354k

Downpayment

20%

$320k

Closing costs

1%

$15,990

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$5,614

Total Expenses

$11,623

Mortgage P&I

145%

$8,151

Property Taxes

18%

$1,002

Home Insurance

10%

$560

HOA

0%

$0

Property Management

12%

$674

CapEx

4%

$225

Vacancy

3%

$168

Maintenance

4%

$225

Other

11%

$618

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