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$5,949 (target)

980 Gates Ave, Piscataway, NJ 08854

3 beds • 3 baths • 1620 sqft

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This property looks like a bad Mid-Term investment with a projected -5.09% first-year return on $171k initial cash invested.

-5.09%

Cash On Cash

5.18%

Cap Rate

0.87

DSCR

$5,949

Rent

-$726

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,949 income − $6,675 expenses = $726 out of pocket

Income$5,949Out of Pocket$726Mortgage P&I$3,63661%Property Taxes$76513%Insurance$2524%Management$71412%CapEx$2384%Vacancy$1783%Maintenance$2384%Other$65411%

Investment Breakdown

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Purchase Price

$729k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$171k

Downpayment

20%

$146k

Closing costs

1%

$7,292

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$5,949

Total Expenses

$6,675

Mortgage P&I

61%

$3,636

Property Taxes

13%

$765

Home Insurance

4%

$252

HOA

0%

$0

Property Management

12%

$714

CapEx

4%

$238

Vacancy

3%

$178

Maintenance

4%

$238

Other

11%

$654

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