Project Description
542 Home Ave, Trenton, NJ 08611
Call (609) 256-6111
– OR –
INQUIRE ABOUT THIS PROPERTY
Wholesale Price: $35,000.00
After Repair Value: $70,000.00
Yearly Net Cash Flow: $8,225
Cap Rate: 13.49%
| Investment Type | Cost |
| Wholesale price | $35,000.00 |
| Rehabilitation cost | $25,000.00 |
| Estimated closing costs | $975.00 |
| Total Initial Investment: | $60,975.00 |
| Rental Cash Flow (Yearly) | Cap Rate: 13.49% |
| 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 | -$3,692.00 |
| 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: | $8,225.00 |
Call (609) 256-6111
– OR –
INQUIRE ABOUT THIS PROPERTY