616 Wilbur Ave # 1

Hammonton, NJ 08037
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2 bd, 2 ba | 1,108 sqft | Built in 1900

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List Price
$175,000

Initial Investment

$44,963

Purchase Price

$165,000

Down Payment

25%

Rent

$1,725

Total Return

$71,232

Annualized Return

22.3%

Cap Rate

7.2%

Gross Yield

12.5%

Cash Flow

$2,177

Appreciation

6.4%
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Features

Occupancy

Month To Month

Lease Start

02/01/2020

Lease End

M/M

Property Type

Duplex

Lot Size

6,926

HOA

None

Flood Risk

Not Required

  • Duplex Property
  • Unit 616 is occupied
  • Unit 326 is on a month-to-month basis

MARKETS

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NEIGHBORHOOD

SCHOOLS

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Annual Financial Highlights

Expected Rent

$19,665

Expenses

-$5,017

Property Taxes

-$3,500

Loan Payments

-$8,970

Net Cash Flow

$2,177

See more in Financials

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