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$4,778 (target)

92 Myrtle Ave, Jersey City, NJ 07305

3 beds • 2 baths • sqft

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This property looks like a bad Mid-Term investment with a projected -5.03% first-year return on $132k initial cash invested.

-5.03%

Cash On Cash

5.4%

Cap Rate

0.87

DSCR

$4,778

Rent

-$553

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,778 income − $5,331 expenses = $553 out of pocket

Income$4,778Out of Pocket$553Mortgage P&I$2,79959%Property Taxes$71915%Insurance$1894%Management$57312%CapEx$1914%Vacancy$1433%Maintenance$1914%Other$52611%

Investment Breakdown

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Purchase Price

$542k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$132k

Downpayment

20%

$108k

Closing costs

1%

$5,420

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,778

Total Expenses

$5,331

Mortgage P&I

59%

$2,799

Property Taxes

15%

$719

Home Insurance

4%

$189

HOA

0%

$0

Property Management

12%

$573

CapEx

4%

$191

Vacancy

3%

$143

Maintenance

4%

$191

Other

11%

$526

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