31 Claremont Court,Red Bank,NJ,07701

Investment Highlights

Rental property for sale in Red Bank at 31 Claremont Court, Red Bank, NJ, 07701 priced at $525,000 pairs $4,042/mo rent with $300/mo cash flow after a $2,570/mo payment. Total monthly income equals $4,042/mo, and annual cash flow comes to $3,594/yr on $172,725 invested. Return on cash invested is 22.14% in year one, and rental yield stands at 9.24% on a $525,000 basis. Equity gained on principal adds $3,388/yr, and 5% annual appreciation accumulates to $145,048 by year five. Five-year ROI measures 116.02% and total cumulative return in cash reaches $200,397. For financing, Ziffy Mortgage’s DSCR program evaluates $4,042/mo property income against a $2,570/mo payment instead of your W2s, 1099s, or Tax returns.