Project Description
24 West End Ave, Trenton, NJ 08618
Call (609) 256-6111
– OR –
INQUIRE ABOUT THIS PROPERTY
Wholesale Price: $29,500.00
After Repair Value: $75,000.00
Yearly Net Cash Flow: $9,421.00
Cap Rate: 15.62%
| Investment Type | Cost |
| Wholesale price | $29,500.00 |
| Rehabilitation cost | $30,000.00 |
| Estimated closing costs | $812.00 |
| Total Initial Investment: | $60,312.00 |
| Rental Cash Flow (Yearly) | Cap Rate: 15.62% |
| Rental Income @ $1,700/mo | $20,400.00 |
| Vacancy/Maintenance (1 month rent) | -$1,700.00 |
| Utilities (Water Bill) | -$600.00 |
| Accounting | -$125.00 |
| Landscaping | -$150.00 |
| Leasing commissions (1 month rent every 5 years) | -$340.00 |
| Estimated Insurance | -$900.00 |
| Estimated Taxes | -$5,532.00 |
| Property Management Fee’s (8%) | -$1,632.00 |
|
*8% applies if we are managing a portfolio of 2 or more of your properties. Standard rate is 10%. |
|
| Total Yearly NOI: | $9,421.00 |
Call (609) 256-6111
– OR –
INQUIRE ABOUT THIS PROPERTY