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$3,743 (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 Long-Term investment with a projected -24.81% first-year return on $336k initial cash invested.

-24.81%

Cash On Cash

1.05%

Cap Rate

0.17

DSCR

$3,743

Rent

-$6,943

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,743 income − $10,686 expenses = $6,943 out of pocket

Income$3,743Out of Pocket$6,943Mortgage P&I$8,151218%Property Taxes$1,00227%Insurance$56015%Management$37410%CapEx$1875%Vacancy$2256%Maintenance$1875%

Investment Breakdown

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Purchase Price

$1599k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$336k

Downpayment

20%

$320k

Closing costs

1%

$15,990

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,743

Total Expenses

$10,686

Mortgage P&I

218%

$8,151

Property Taxes

27%

$1,002

Home Insurance

15%

$560

HOA

0%

$0

Property Management

10%

$374

CapEx

5%

$187

Vacancy

6%

$225

Maintenance

5%

$187

Other

0%

$0

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