2005 Harmon Cove Tower,Secaucus,NJ,07094

Investment Highlights

Rental property for sale in Secaucus at 2005 Harmon Cove Tower, Secaucus, NJ, 07094 generates $4,256/mo in rent and, after a $2,192/mo payment, leaves $1,064/mo in cash flow. Total monthly income is $4,256/mo, and annual cash flow is $12,764/yr on $148,479 invested. Return on cash invested sits at 28.51% in year one, and rental yield is 11.4% on a $447,900 entry. Equity gained on principal adds $2,890/yr, while 5% annual appreciation builds toward $123,747 over five years. Five-year ROI reaches 150.18% and total cumulative return in cash sums $222,978. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,256/mo property income rather than buyer’s personal income.