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$6,666 (target)

9 W Parsonage Way, Manalapan, NJ 07726

3 beds • 3 baths • 2332 sqft

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This property looks like a bad Mid-Term investment with a projected -9.68% first-year return on $197k initial cash invested.

-9.68%

Cash On Cash

4.23%

Cap Rate

0.69

DSCR

$6,666

Rent

-$1,587

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,666 income − $8,253 expenses = $1,587 out of pocket

Income$6,666Out of Pocket$1,587Mortgage P&I$4,32065%Property Taxes$1,14717%Insurance$2984%HOA$2213%Management$80012%CapEx$2674%Vacancy$2003%Maintenance$2674%Other$73311%

Investment Breakdown

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Purchase Price

$851k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$197k

Downpayment

20%

$170k

Closing costs

1%

$8,510

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$6,666

Total Expenses

$8,253

Mortgage P&I

65%

$4,320

Property Taxes

17%

$1,147

Home Insurance

4%

$298

HOA

3%

$221

Property Management

12%

$800

CapEx

4%

$267

Vacancy

3%

$200

Maintenance

4%

$267

Other

11%

$733

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