Project Description
9 Midfield Lane, Willingboro, NJ 08046
Call (609) 256-6111
– OR –
INQUIRE ABOUT THIS PROPERTY
Wholesale Price: $79,000
After Repair Value: $155,000
Yearly Net Cash Flow: $9,446
Cap Rate: 10.07%
| Investment Type | Cost |
| Wholesale price | $79,000.00 |
| Rehabilitation cost | $35,000.00 |
| Estimated closing costs | $2,172.00 |
| Total Initial Investment: | $129,029.00 |
| Rental Cash Flow (Yearly) | Cap Rate: 10.07% |
| Rental Income @ $1,650/mo | $19,800.00 |
| Vacancy/Maintenance (1 month rent) | -1,650.00 |
| Utilities (Water Bill) | Tenant Pays |
| Accounting | -125.00 |
| Landscaping | -150.00 |
| Leasing commissions (1 month rent every 5 years) | -330.00 |
| Estimated Insurance | -800.00 |
| Estimated Taxes | -5,715.00 |
| Property Management Fee’s (8%) | -1,584.00 |
| *8% applies if we are managing a portfolio of 2 or more of your properties. Standard rate is 10%. | |
| Total Yearly NOI: | $9,446.00 |
Call (609) 256-6111
– OR –
INQUIRE ABOUT THIS PROPERTY