18 Claremont Court,Red Bank,NJ,07701

Investment Highlights

Rental property for sale in Red Bank at 18 Claremont Court, Red Bank, NJ, 07701 priced at $390,000 pairs $4,288/mo rent with $1,508/mo cash flow after a $1,909/mo payment. Total monthly income equals $4,288/mo, and annual cash flow comes to $18,096/yr on $129,285 invested. Return on cash invested is 33.91% in year one, and rental yield stands at 13.19% on a $390,000 basis. Equity gained on principal adds $2,517/yr, and 5% annual appreciation accumulates to $107,750 by year five. Five-year ROI measures 179.12% and total cumulative return in cash reaches $231,572. For financing, Ziffy Mortgage’s DSCR program evaluates $4,288/mo property income against a $1,909/mo payment instead of your W2s, 1099s, or Tax returns.