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88 11th Ave, Mays Landing, NJ 08330

3 beds • 3 baths • 2281 sqft

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This property looks like a bad Mid-Term investment with a projected -4.33% first-year return on $157k initial cash invested.

-4.33%

Cash On Cash

5.17%

Cap Rate

0.89

DSCR

$5,505

Rent

-$567

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$663k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$157k

Downpayment

20%

$133k

Closing costs

1%

$6,626

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$5,505

Total Expenses

$6,072

Mortgage P&I

58%

$3,204

Property Taxes

14%

$760

Home Insurance

4%

$236

HOA

0%

$0

Property Management

12%

$661

CapEx

4%

$220

Vacancy

3%

$165

Maintenance

4%

$220

Other

11%

$606

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