Project Description

82 Pennwood Dr, Ewing, NJ 08638

Call (609) 256-6111

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Wholesale Price: $91,000

After Repair Value: $165,000

Yearly Net Cash Flow: $10,002

Cap Rate: 10.05%

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Investment Type Cost
Wholesale price $91,000.00
Rehabilitation cost $6,000.00
Estimated closing costs $2,503.00
Total Initial Investment: $99,503.00
Rental Cash Flow (Yearly) Cap Rate: 10.05%
Rental Income @ $1,600/mo $19,200.00
Vacancy/Maintenance (1 month rent) -1,600.00
Utilities (Water Bill) Tenant Pays
Accounting -125.00
Landscaping -150.00
Leasing commissions (1 month rent every 5 years) -320.00
Estimated Insurance -800.00
Estimated Taxes -4,667.00
Property Management Fee’s (8%) -1,536.00
*8% applies if we are managing a portfolio of 2 or more of your properties. Standard rate is 10%.
Total Yearly NOI: $10,002.00