Project Description

124 Clover Ave, Hamilton, NJ 08611

Call (609) 256-6111

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Wholesale Price: $72,500.00

After Repair Value: $140,000.00

Yearly Net Cash Flow: $9,116.00

Cap Rate: 10.08%

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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