Project Description

228 Emory Ave, Trenton, NJ 08611

Call (609) 256-6111

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Wholesale Price: $53,000

After Repair Value: $58,000

Yearly Net Cash Flow: $7,224

Cap Rate: 12.25%

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Investment Type Cost
Wholesale price $53,000.00
Rehabilitation cost $4,500.00
Estimated closing costs $1,458.00
Total Initial Investment: $58,958.00
Rental Cash Flow (Yearly) Cap Rate: 12.25%
Rental Income @ $1,600/mo $14,400.00
Vacancy/Maintenance (1 month rent) -1,200.00
Utilities (Water Bill) Tenant Pays
Accounting -125.00
Landscaping -150.00
Leasing commissions (1 month rent every 5 years) -240.00
Estimated Insurance -800.00
Estimated Taxes -3,509.00
Property Management Fee’s (8%) -1,152.00
*8% applies if we are managing a portfolio of 2 or more of your properties. Standard rate is 10%.
Total Yearly NOI: $7,224.00