302 Hazel Ave Westville, NJ 08093
4bd, 1.5ba | 1,394sqft | Built in 1928
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Initial Investment
$138,890
List Price: $134,325
Purchase Price
$134,325
Down Payment
100%
Rent
$1,670

Total Return
$56,988
Annualized Return
7.9%
Cap Rate
6.6%
Gross Yield
14.9%
Cash Flow
$7,855
Appreciation
3.6%
Features
Roofstock Certified
Occupancy
Occupied
Lease Start
07/01/2018 
Lease End
06/30/2020 
Lot Size
10,402 
HOA
None
Flood Risk
Not Required
  • Pet fee included in monthly rent of $40.00 for 2 pets
  • Meets 1% rule with attractive cap rate
  • Seller has completed some repairs
  • Tenants pay all utilities

Annual Financial Highlight
Expected Rent
$19,038
Expenses
-$5,283
Property Taxes
-$5,900
Loan Payments
$0

Net Cash Flow
$7,855
Considerations
Property Characteristics    View Details


Roofstock Exclusive
This property is listed directly from the seller and only available through the Roofstock marketplace.
  • You can avoid competition and "buy it now" at the list price.​
  • The home will have undergone a comprehensive inspection, title search and more – all of which are made available in the Diligence Documents to review.
  • Transaction will only carry an inspection contingency if the posted inspection report is more than 4 months old.
  • A Roofstock-affiliated broker represents the Seller in this transaction, but Roofstock will walk you through the process​.

Property Management   

Why choose?

From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.

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