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886-888 Degraw Ave, Newark, NJ 07104

4 beds • 4 baths • sqft

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This property looks like a bad Long-Term investment with a projected -21.97% first-year return on $126k initial cash invested.

-21.97%

Cash On Cash

1.57%

Cap Rate

0.27

DSCR

$2,760

Rent

-$2,307

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$600k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$126k

Downpayment

20%

$120k

Closing costs

1%

$6,000

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,760

Total Expenses

$5,067

Mortgage P&I

107%

$2,955

Property Taxes

43%

$1,184

Home Insurance

8%

$210

HOA

0%

$0

Property Management

10%

$276

CapEx

5%

$138

Vacancy

6%

$166

Maintenance

5%

$138

Other

0%

$0

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