Project Description
1120 W. State St, Trenton, NJ 08618
Call (609) 256-6111
– OR –
INQUIRE ABOUT THIS PROPERTY
Wholesale Price: $82,500.00
After Repair Value: $145,000.00
Yearly Net Cash Flow: $14,022
Cap Rate: 12.77%
| Investment Type | Cost |
| Wholesale price | $82,500.00 |
| Rehabilitation cost | $25,000.00 |
| Estimated closing costs | $2,269.00 |
| Total Initial Investment: | $109,769.00 |
| Rental Cash Flow (Yearly) | Cap Rate: 12.77% |
| Rental Income @ $2,528/mo | $30,336.00 |
| Vacancy/Maintenance (1 month rent) | -2,528.00 |
| Utilities (Water Bill) | -1,800.00 |
| Accounting | -125.00 |
| Landscaping | -150.00 |
| Leasing commissions (1 month rent every 5 years) | -505.60 |
| Estimated Insurance | -1,400.00 |
| Estimated Taxes | -7,378.00 |
| Property Management Fee’s (8%) | -2,427.00 |
| *8% applies if we are managing a portfolio of 2 or more of your properties. Standard rate is 10%. | |
| Total Yearly NOI: | $14,022.40 |
Call (609) 256-6111
– OR –
INQUIRE ABOUT THIS PROPERTY