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$6,927 (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 Mid-Term investment with a projected -11.68% first-year return on $249k initial cash invested.

-11.68%

Cash On Cash

3.72%

Cap Rate

0.61

DSCR

$6,927

Rent

-$2,421

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,927 income − $9,348 expenses = $2,421 out of pocket

Income$6,927Out of Pocket$2,421Mortgage P&I$5,54780%Property Taxes$93814%Insurance$5087%Management$83112%CapEx$2774%Vacancy$2083%Maintenance$2774%Other$76211%

Investment Breakdown

|

Purchase Price

$1098k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$249k

Downpayment

20%

$220k

Closing costs

1%

$10,983

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$6,927

Total Expenses

$9,348

Mortgage P&I

80%

$5,547

Property Taxes

14%

$938

Home Insurance

7%

$508

HOA

0%

$0

Property Management

12%

$831

CapEx

4%

$277

Vacancy

3%

$208

Maintenance

4%

$277

Other

11%

$762

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