Project Description
124 Clover Ave, Hamilton, NJ 08611
Call (609) 256-6111
– OR –
INQUIRE ABOUT THIS PROPERTY
Wholesale Price: $72,500.00
After Repair Value: $140,000.00
Yearly Net Cash Flow: $9,116.00
Cap Rate: 10.08%
| Investment Type | Cost |
| Wholesale price | $72,500.00 |
| Rehabilitation cost | $16,000.00 |
| Estimated closing costs | $1,934.00 |
| Total Initial Investment: | $90,434.00 |
| Rental Cash Flow (Yearly) | Cap Rate: 10.08% |
| Rental Income @ $1,450/mo | $17,400.00 |
| Vacancy/Maintenance (1 month rent) | -$1,450.00 |
| Utilities (Water Bill) | Tenant Pays |
| Accounting | -$125.00 |
| Landscaping | -$150.00 |
| Leasing commissions (1 month rent every 5 years) | -$290.00 |
| Estimated Insurance | -$600.00 |
| Estimated Taxes | -$4,277.00 |
| Property Management Fee’s (8%) | -$1,392.00 |
| *8% applies if we are managing a portfolio of 2 or more of your properties. Standard rate is 10%. | |
| Total Yearly NOI: | $9,116.00 |
Call (609) 256-6111
– OR –
INQUIRE ABOUT THIS PROPERTY