527 Melrose Ave
Atlantic City, NJ 08401
List Price
$79,500
Initial Investment
$21,908Purchase Price
$78,500
Down Payment
25%
Rent
$1,250
Total Return
$24,240
Annualized Return
17.4%
Cap Rate
8.0%
Gross Yield
19.1%
Cash Flow
$1,195
Appreciation
4.3%
Reset to DefaultEdit Assumptions
Features
Occupancy
Month To Month
Lease Start
09/01/2019
Lease End
M/M
Lot Size
1,951
HOA
None
Flood Risk
Not Required
- Attractive cap rate
- Close to schools
- Quiet, residential neighborhood
- Seller recently made repairs on home, view inspection documents for more info
- October rent has been paid. See ledger in diligence vault
See more in Analysis
Annual Financial Highlights
Expected Rent
$14,250Expenses
-$4,988Property Taxes
-$3,800Loan Payments
-$4,268Net Cash Flow
$1,195See more in Financials
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