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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 Mid-Term investment with a projected -4.65% first-year return on $172k initial cash invested.

-4.65%

Cash On Cash

5.34%

Cap Rate

0.89

DSCR

$6,620

Rent

-$667

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

$172k

Downpayment

20%

$147k

Closing costs

1%

$7,347

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$6,620

Total Expenses

$7,287

Mortgage P&I

55%

$3,670

Property Taxes

12%

$815

Home Insurance

4%

$271

HOA

4%

$280

Property Management

12%

$794

CapEx

4%

$265

Vacancy

3%

$199

Maintenance

4%

$265

Other

11%

$728

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