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$4,803 (target)

906 Sea Girt Avenue, Wall Township, NJ 08750

3 beds • 3 baths • 2704 sqft

$1,990,000

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This property looks like a bad Long-Term investment with a projected -24.78% first-year return on $418k initial cash invested.

-24.78%

Cash On Cash

1.11%

Cap Rate

0.18

DSCR

$4,803

Rent

-$8,631

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,803 income − $13,434 expenses = $8,631 out of pocket

Income$4,803Out of Pocket$8,631Mortgage P&I$10,230213%Property Taxes$1,33728%Insurance$61913%Management$48010%CapEx$2405%Vacancy$2886%Maintenance$2405%

Investment Breakdown

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Purchase Price

$1990k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$418k

Downpayment

20%

$398k

Closing costs

1%

$19,900

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$4,803

Total Expenses

$13,434

Mortgage P&I

213%

$10,230

Property Taxes

28%

$1,337

Home Insurance

13%

$619

HOA

0%

$0

Property Management

10%

$480

CapEx

5%

$240

Vacancy

6%

$288

Maintenance

5%

$240

Other

0%

$0

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