Project Description
249 Henry St, Hamilton, NJ 08610
Call (609) 256-6111
– OR –
INQUIRE ABOUT THIS PROPERTY
Wholesale Price: $71,000
After Repair Value: $100,000
Yearly Net Cash Flow: $8,951
Cap Rate: 11%
| Investment Type | Cost |
| Wholesale price | $71,000.00 |
| Rehabilitation cost | $9,000.00 |
| Estimated closing costs | $1,953.00 |
| Total Initial Investment: | $81,953.00 |
| Rental Cash Flow (Yearly) | Cap Rate: 11% |
| Rental Income @ $1,350/mo | $14,700.00 |
| Vacancy/Maintenance (1 month rent) | -1,225.00 |
| Utilities (Water Bill) | Tenant Pays |
| Accounting | -125.00 |
| Landscaping | -150.00 |
| Leasing commissions (1 month rent every 5 years) | -245.00 |
| Estimated Insurance | -800.00 |
| Estimated Taxes | -2,028.00 |
| Property Management Fee’s (8%) | -1,176.00 |
| *8% applies if we are managing a portfolio of 2 or more of your properties. Standard rate is 10%. | |
| Total Yearly NOI: | $8,951.00 |
Call (609) 256-6111
– OR –
INQUIRE ABOUT THIS PROPERTY