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14 Easton Dr Unit A
C- Composite 54.41
Why this score? — see what drove the C- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

  • Cash flow +17.2/30.0
  • ARV discount +13.7/15.0
  • 1% rule +5.9/10.0
  • DSCR +5.4/10.0
  • Condition / age +3.8/5.0
  • Livability +3.2/5.0
  • Schools +2.9/10.0
  • Rent growth +2.5/5.0
  • Appreciation +0.0/10.0

$169,900

14 Easton Dr Unit A · Crestwood Village, NJ 08759
1 bd · 1.0 ba · 1,009 sqft · SingleFamily · 36 Days on market
Built 1979 Good condition 4,791 sqft lot $168/sqft · 14% below area Est $197k · 14% under $170/mo HOA · 9% of rent

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks

Welcome to Crestwood Village 5! This one-bedroom Orleans model is ready for its next owner to make it their own. Step into the heated sunroom-perfect for year-round enjoyment-before entering the spacious eat-in kitchen and comfortable living room. The large bedroom features two walk-in closets, a dressing area and a full bath. Additional highlights include an attached garage, full attic for plenty of storage, and a vibrant clubhouse offering many activities. Conveniently located near shopping and just a shore drive to the Jersey Shore beaches. Stop by and see your new home today!

Key facts

  • Heated sunroom
  • Attached garage
  • Full bath

Tags

HEATED SUNROOMSPACIOUS EAT-IN KITCHENTWO WALK-IN CLOSETSFULL BATHATTACHED GARAGEFULL ATTIC

Property features AI

Finance

  • HOA & community: HOA with monthly fee of $170

Exterior

  • Parking: Attached 1-car garage
  • Utilities: Public sewer
  • Home design: Single-family (fee simple ownership); Model: Orleans
  • Exterior features: Shingle roof

Interior

  • Kitchen: Kitchen
  • Bedrooms: 1 bedroom
  • Bathrooms: 1 full bathroom
  • Heating & cooling: Electric heating; Baseboard heating; Electric cooling
  • Interior features: Living room; Dining room; Sunroom; Crawl space basement

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 1-bed/1.0-bath single-family listed at $170k. Condition is rated good.

Deal economics

  • At list price, monthly cash flow is $121 ($1k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $170k).
  • Recommended offer: $165k (3.0% below list) — sets the bar for market timing.
  • Cap rate 7.1% vs local median 5.6% in Crestwood Village — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.

Location & tenants

  • Location reads 63/100 on livability (#422 in NJ) — a middle-class / working-renter tenant base. Strengths: cost of living A, housing A, health & safety B+; Watch: schools F, amenities F, commute F.
  • Manchester Township School District (suburban): math 25% / reading 44% proficiency, ranked #320 of 472 in NJ (top 68%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Market conditions: 648 active listings in the ZIP; 7 comparable units currently listed for rent nearby; rentals at typical pace (median 17d on market — plan ~3-4 weeks tenant-placement turnaround); 4,434 units permitted in Ocean County in 2024 (868 in 5+ unit buildings).

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $5k of value loss. Plan a longer hold.
  • Ocean County population projected to shrink 8% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.

Negotiation context

  • It's been on market 36 days — a 3% lower offer ($165k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

  • Climate carrying-cost: major wind risk, 64% chance of damaging wind over 30y; extreme-heat days projected 7→14/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $164,803 (3.0% below list)

Questions for the listing agent

  1. It's been on market 36 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
  2. Built in 1979 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  5. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
  6. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
  7. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
  8. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

1% rule
1.09%
Cap rate
7.15%
Cash-on-cash
3.06%
DSCR
1.14
GRM
7.6

CMA / ARV

ARV (median comp)
$196,810
List price
$169,900
Delta
-13.67%
Verdict
UNDERPRICED
Comps
20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
1 Greenwood Ln Unit B 0.36mi 2/1.0 (+1) 1,009 (0%) 2mo $252,000 $250 77
1 Portsmouth St Unit 54B 0.27mi 2/1.0 (+1) 1,009 (0%) 8mo $175,000 $173 76
46 Milford Ave Unit A 0.36mi 2/1.5 (+1) 1,009 (0%) 7mo $225,000 $223 70
1 Stonybrook Ct Unit B 0.13mi 2/1.0 (+1) 1,113 (+10%) 4mo $200,000 $180 69
40 Stonybrook Rd #62 0.54mi 2/1.0 (+1) 1,008 (-0%) 3mo $150,000 $149 67
6 Ardmore St Unit A 0.12mi 2/1.0 (+1) 1,113 (+10%) 7mo $210,000 $189 67
19B Medford Rd #61 0.31mi 2/1.0 (+1) 924 (-8%) 1mo $171,000 $185 66
19B Medford Rd #61 0.31mi 2/1.0 (+1) 924 (-8%) 7mo $80,000 $87 61
25 Sunset Rd 0.36mi 2/1.0 (+1) 1,101 (+9%) 3mo $140,000 $127 60
41 Stonybrook Rd Unit A 0.45mi 2/1.0 (+1) 924 (-8%) 5mo $168,000 $182 56
6 Pembroke Ln Unit C 0.48mi 2/1.0 (+1) 880 (-13%) 3mo $169,000 $192 49
8b Deerfield Dr 0.49mi 2/1.0 (+1) 1,113 (+10%) 8mo $160,000 $144 48

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold
IRR
-11.4%
Equity multiple
0.59×
Total profit
$-19,682
Equity at exit
$25,333
10-year hold
IRR
-2.1%
Equity multiple
0.86×
Total profit
$-6,664
Equity at exit
$14,690

Cash invested: $47,572 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

Overall (STATE)
21 Tenant-Leaning
State New Jersey
21 Tenant-Leaning · D+6
County
— inherits STATE
City
— inherits STATE
Anti-eviction Act requires just-cause statewide; rent control in 100+ municipalities; one of the most tenant-friendly states.

ZIP-level market 08759

Active inventory
648
Price-to-rent
7.6×

Monthly cashflow live

Estimated rent
$1,855 high interval (Pro) →
Mortgage (P&I)
$891
Tax est. 1.5%
$212 /mo · $2,548/yr
Insurance
$71
HOA
$170
Vacancy / Maint / Mgmt
$390
Net cashflow
$121

Break-even live

Break-even rent $1,701
Max offer price $169,900
Occupancy floor 88%

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

Down payment
$42,475
Closing costs
$5,097
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 7 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
57D Milford Ave Unit 53 Whiting, NJ 2.0 1.0 880 $1,800 $2.05 25d 1 0.35mi
19B Maplewood Dr #52 Whiting, NJ 2.0 1.5 1109 $2,250 $2.03 17d 1 0.60mi
9A Juniper Ln Unit 50 Whiting, NJ 1.0 1.0 1009 $1,950 $1.93 44d 1 1.05mi
1 Morning Glory Ln Whiting, NJ 2.0 2.5 1312 $1,200 $0.91 4d 1 1.35mi
Manchester Township, NJ 2.0 2.0 1141 $1,700 $1.49 10d 1 1.36mi
7 Teal Ct Whiting, NJ 2.0 2.0 1056 $1,600 $1.52 4d 1 1.48mi
49 Westport Dr #71 Whiting, NJ 2.0 1.5 1192 $1,995 $1.67 44d 1 1.49mi

HOA detail

Monthly dues
$170 · $2,040/yr

Listing history 14 events

  1. 2026-06-18
    days on market $169,900 Active 36 DOM
  2. 2026-06-17
    days on market $169,900 Active 35 DOM
  3. 2026-06-16
    days on market $169,900 Active 34 DOM
  4. 2026-06-15
    days on market $169,900 Active 33 DOM
  5. 2026-06-13
    days on market $169,900 Active 31 DOM
  6. 2026-06-09
    days on market $169,900 Active 27 DOM
  7. 2026-06-08
    days on market $169,900 Active 26 DOM
  8. 2026-06-07
    days on market $169,900 Active 25 DOM
  9. 2026-06-04
    days on market $169,900 Active 22 DOM
  10. 2026-06-03
    days on market $169,900 Active 21 DOM
  11. 2026-06-02
    days on market $169,900 Active 20 DOM
  12. 2026-06-01
    days on market $169,900 Active 19 DOM
  13. 2026-05-31
    days on market $169,900 Active 18 DOM
  14. 2026-05-13
    listed $169,900 Active 586-char remark

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

  • 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
  • 🔥 Wildfire 4/10 Moderate
  • 🌡 Heat 6/10 Major 7 d/yr ≥103°F today · 14 d/yr by 30 yrs out
  • 💨 Wind 6/10 Major 64% chance of damaging wind over 30 yrs
  • 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 4 by 30 yrs out

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$22,258
− Mortgage interest
−$9,517
− Property taxes
−$2,548
− Insurance
−$850
− Repairs & maintenance
−$1,781
− Management
−$1,781
− HOA
−$2,040
− Depreciation
−$4,943
Taxable loss
−$1,201
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$288
After-tax cash flow
$1,742/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Condition & rehab AI · 12 photos

Good 75/100 Cosmetic rehab

This single-family home is in good condition with cosmetic updates needed to modernize the kitchen and enhance curb appeal.

Repairs flagged

  • Moderate kitchen cabinets — dated and in need of updating
  • Moderate kitchen countertops — dated and in need of updating
  • Moderate kitchen appliances — dated and in need of updating
  • Minor bathroom fixtures — standard fixtures

Value-add opportunities

  • Both paint interior walls — enhances curb appeal and interior aesthetics
  • Both update kitchen cabinets and countertops — modernizes the kitchen and increases appeal
  • Both update appliances — modernizes the kitchen and increases appeal
  • Both landscaping — enhances curb appeal and adds value

Renovation cost estimate screening

Repair itemSeverityEst. cost
kitchen cabinets · dated and in need of updating Moderate $3,000–15,000
kitchen countertops · dated and in need of updating Moderate $3,000–15,000
kitchen appliances · dated and in need of updating Moderate $3,000–15,000
bathroom fixtures · standard fixtures Minor $500–3,000
Total estimated repair cost · 4 items $9,500–48,000

Value-add ROI direction

  • Both paint interior walls — enhances curb appeal and interior aesthetics
  • Both update kitchen cabinets and countertops — modernizes the kitchen and increases appeal
  • Both update appliances — modernizes the kitchen and increases appeal
  • Both landscaping — enhances curb appeal and adds value

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

Schools (NCES district)

District
Manchester Township School District
NCES district ID
3409450
Math proficiency
25% ▼ -17.00%
Reading proficiency
44% ▼ -5.00%
Median HH income
$38,905
Composite
28.8/100
National rank
#6662
State rank
#320 of 472 in NJ

Livability — Crestwood Village

Score
63/100
State rank
#422
US rank
#15006

Category grades

Amenities F Commute F Cost of living A Crime C+ Employment F Housing A Health & safety B+ User ratings A+

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Crestwood Village, NJ
City population
34,290
Population (ZIP)
34,290

Population outlook (Ocean County) Hauer SSP2

Today (2025)
586,991 people
By 2030
581,403 · -1.0%
By 2040
564,913 · -3.8%
By 2050
538,149 · -8.3%
By 2075
468,845 · -20.1%
By 2100
350,297 · -40.3%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly White (87%)
Race & ethnicity
White 87% Hispanic / Latino 5% Black 4% Two or more races 4% Asian 2%
Hispanic origin (detail)
Puerto Rican 2%
Common ancestry
Romanian 8% Scotch-Irish 2% Lithuanian 2%
Foreign-born
11% · Canada, China
Languages at home
88% English-only · Spanish 3% Russian/Polish/Slavic 2% Other Indo-European 2%

Political lean MEDSL · Ocean

2024 margin
Solid R (+36.0) · D 31.4% · R 67.4% · Other 1.2%
2008→2024 swing
-17.6pp toward R · 2008: -18.4pp · 2024: -36.0pp
All cycles
2024: R+36.0 2020: R+28.7 2016: R+34.0 2012: R+17.7 2008: R+18.4

Not yet ingested

Civics

Market trends

HPI YoY
▼ -347.85%
Current HPI
274.4679
Rent YoY
Metro
State GDP YoY
▲ 2.05%
F500 in state
34

Industry mix (Fortune 500 HQ in NJ)

Industry F500 HQs Revenue

Price history

1 event — show timeline
  • 2026-05-13 Listed $169,900 MOMLS

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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