Project Description
82 Pennwood Dr, Ewing, NJ 08638
Call (609) 256-6111
– OR –
INQUIRE ABOUT THIS PROPERTY
Wholesale Price: $91,000
After Repair Value: $165,000
Yearly Net Cash Flow: $10,002
Cap Rate: 10.05%
| Investment Type | Cost |
| Wholesale price | $91,000.00 |
| Rehabilitation cost | $6,000.00 |
| Estimated closing costs | $2,503.00 |
| Total Initial Investment: | $99,503.00 |
| Rental Cash Flow (Yearly) | Cap Rate: 10.05% |
| Rental Income @ $1,600/mo | $19,200.00 |
| Vacancy/Maintenance (1 month rent) | -1,600.00 |
| Utilities (Water Bill) | Tenant Pays |
| Accounting | -125.00 |
| Landscaping | -150.00 |
| Leasing commissions (1 month rent every 5 years) | -320.00 |
| Estimated Insurance | -800.00 |
| Estimated Taxes | -4,667.00 |
| Property Management Fee’s (8%) | -1,536.00 |
| *8% applies if we are managing a portfolio of 2 or more of your properties. Standard rate is 10%. | |
| Total Yearly NOI: | $10,002.00 |
Call (609) 256-6111
– OR –
INQUIRE ABOUT THIS PROPERTY