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9 Margate Way, Waretown, NJ 08758

3 beds • 3 baths • 3068 sqft

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This property looks like a bad Long-Term investment with a projected -13.77% first-year return on $154k initial cash invested.

-13.77%

Cash On Cash

3.46%

Cap Rate

0.58

DSCR

$4,413

Rent

-$1,771

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$735k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$154k

Downpayment

20%

$147k

Closing costs

1%

$7,347

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$4,413

Total Expenses

$6,184

Mortgage P&I

83%

$3,670

Property Taxes

18%

$815

Home Insurance

6%

$271

HOA

6%

$280

Property Management

10%

$441

CapEx

5%

$221

Vacancy

6%

$265

Maintenance

5%

$221

Other

0%

$0

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