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$4,618 (target)

993 Atlantic Avenue, Wall Township, NJ 08736

3 beds • 3 baths • 2296 sqft

$1,098,300

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This property looks like a bad Long-Term investment with a projected -18.61% first-year return on $231k initial cash invested.

-18.61%

Cash On Cash

2.41%

Cap Rate

0.4

DSCR

$4,618

Rent

-$3,576

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,618 income − $8,194 expenses = $3,576 out of pocket

Income$4,618Out of Pocket$3,576Mortgage P&I$5,547120%Property Taxes$93820%Insurance$50811%Management$46210%CapEx$2315%Vacancy$2776%Maintenance$2315%

Investment Breakdown

|

Purchase Price

$1098k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$231k

Downpayment

20%

$220k

Closing costs

1%

$10,983

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$4,618

Total Expenses

$8,194

Mortgage P&I

120%

$5,547

Property Taxes

20%

$938

Home Insurance

11%

$508

HOA

0%

$0

Property Management

10%

$462

CapEx

5%

$231

Vacancy

6%

$277

Maintenance

5%

$231

Other

0%

$0

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