Project Description
340 Schiller Ave Hamilton, NJ 08610
Call (609) 256-6111
– OR –
Wholesale Price: $65,000
After Repair Value: $83,000
Yearly Net Cash Flow: $9,874
Cap Rate: 12.12%
| Investment Type | Cost |
| Wholesale price | $65,000.00 |
| Rehabilitation cost | $13,000.00 |
| Estimated closing costs | $1,788.00 |
| Total Initial Investment: | $79,788.00 |
| Rental Cash Flow (Yearly) | Cap Rate: 12.12% |
| Rental Income @ $1,300/mo | $15,600.00 |
| Vacancy/Maintenance (1 month rent) | -1,300.00 |
| Utilities (Water Bill) | Tenant Pays |
| Accounting | -125.00 |
| Landscaping | -150.00 |
| Leasing commissions (1 month rent every 5 years) | -260.00 |
| Estimated Insurance | -600.00 |
| Estimated Taxes | -2,043.00 |
| Property Management Fee’s (8%) | -1,248.00 |
| *8% applies if we are managing a portfolio of 2 or more of your properties. Standard rate is 10%. | |
| Total Yearly NOI: | $9,874.00 |