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Multi-family
C Composite 57.71
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 +24.6/30.0
  • DSCR +7.9/10.0
  • ARV discount +7.5/15.0
  • 1% rule +6.4/10.0
  • Schools +3.4/10.0
  • Rent growth +2.9/5.0
  • Livability +2.5/5.0
  • Condition / age +2.5/5.0
  • Appreciation +0.0/10.0

$225,000

100 Rancocas Rd · Vincentown, NJ 08060
3 bd · None ba · — sqft · MultiFamily · 548 Days on market
Built 1896 7,610 sqft lot ↓ 25% since listing

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Multi-family units

County records classify this as Multi-Family (2-4 Unit). Listing-text estimate: 1 unit. estimate disagrees with records

Listing remarks

Opportunity awaits the new owner. This building was the Old Buzz Tavern and is conveniently located on the corner of Rancocas and King just across from the County Court House. This property needs a major rehab. Current building materials are onsite along with professional blueprints and all are included in the sale. Large commercial Ansul system included. There is also a Residential Apartment unit located on the second and third floors which offers a spacious living room, an eat in kitchen, a full bath and three to four beds. Parking lot included, located in rear of building off King St, can accommodate approximately 20+ cars.

Key facts

  • 7,610 sq ft lot
  • Built 1896
  • Listed 547 days

Property features AI

Finance

  • Other: Property condition requires major rehabilitation
  • Financial info: Two total units (one three-bedroom unit); Two vacant units; Land assessed separately from improvements

Exterior

  • Parking: Private parking in a parking lot
  • Utilities: Public sewer; Water listed as private and public; Natural gas available
  • Home design: Semi-detached structure; Fee simple ownership
  • Construction: Brick, shake siding, and wood siding construction; Metal roof; Block and concrete perimeter foundation; Estimated year built
  • Exterior features: Private lot; Lot dimensions approximately 47 x 162 feet; Tidal water not present; Above-grade and below-grade structures noted

Interior

  • Bedrooms: One three-bedroom unit
  • Heating & cooling: Natural gas available
  • Interior features: Major rehab needed; Living area source is assessor

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 3-bed/?-bath multifamily listed at $225k.

Deal economics

  • At list price, monthly cash flow is $465 ($6k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($3k rent vs $225k).
  • Recommended offer: $198k (12.0% below list) — sets the bar for market timing.
  • Cap rate 8.8% vs local median 4.5% in Vincentown — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

  • Location reads: area grade C — affects rentability + tenant quality, not the cash-flow math above.
  • Rancocas Valley Regional High School District (suburban): math 29% / reading 49% proficiency, ranked #236 of 472 in NJ (top 50%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Market conditions: Rents rising (+1.4%/yr); 134 active listings in the ZIP; 23 comparable units currently listed for rent nearby; rentals leasing fast (median 1d on market — plan ~1-2 weeks tenant-placement turnaround); solid renter incomes; 2,161 units permitted in Burlington County in 2024 (988 in 5+ unit buildings).

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $7k of value loss. Plan a longer hold.
  • Burlington County population projected to shrink 5% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.

Negotiation context

  • It's been on market 548 days — a 12% lower offer ($198k) is reasonable based on typical stale-listing flexibility.
  • 2 sale attempts since 3y ago; this cycle's ask has dropped $75k (25%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

  • Watch-outs: built in 1896 — expect roof / HVAC / electrical / plumbing capex.
Recommended offer $198,000 (12.0% below list)

Questions for the listing agent

  1. It's been on market 548 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
  2. Built in 1896 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  5. 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.
  6. 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.
  7. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

1% rule
1.14%
Cap rate
8.77%
Cash-on-cash
8.86%
DSCR
1.39
GRM
7.3

CMA / ARV

No comps found within radius.

Show comp detail 7 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
93 Washington St 0.13mi 3/— 2,408 0mo $320,000 $133 81
85 Madison Ave 0.37mi 3/— 1,941 3mo $290,166 $149 68
9-11 W Monroe St 0.34mi 4/2.5 (+1) 2,723 6mo $85,000 $31 62
13 W Monroe St 0.34mi 2/2.0 (-1) 1,200 6mo $305,000 $254 62
40 Union St 0.38mi 4/— (+1) 2,132 4mo $290,166 $136 61
67 Madison Ave 0.33mi 4/2.0 (+1) 1,912 11mo $200,500 $105 58
124 Mount Holly Ave 0.56mi 2/— (-1) 1,472 1mo $267,448 $182 55

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 · 1.42% rent growth · sell at horizon

5-year hold
IRR
-4.7%
Equity multiple
0.83×
Total profit
$-10,790
Equity at exit
$33,548
10-year hold
IRR
3.1%
Equity multiple
1.21×
Total profit
$13,008
Equity at exit
$19,454

Cash invested: $63,000 (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 08060

Home prices YoY
-34.5%
Rents YoY
1.4%
Active inventory
134
Price-to-rent
7.3×

Monthly cashflow live

Estimated rent
$2,557 high interval (Pro) →
Mortgage (P&I)
$1,180
Tax est. 1.5%
$281 /mo · $3,375/yr
Insurance
$94
HOA
$0
Vacancy / Maint / Mgmt
$537
Net cashflow
$465

Break-even live

Break-even rent $1,968
Max offer price $225,000
Occupancy floor 77%

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
$56,250
Closing costs
$6,750
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 23 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
39 Washington St Mt Holly, NJ 2.0 1.0 $1,650 1d 1 0.17mi
224 Rutland Ave Unit 2 Mt Holly, NJ 2.0 1.0 $1,800 1d 1 0.20mi
144 Washington St Unit C Mt Holly, NJ 3.0 1.0 1450 $2,370 $1.63 14d 1 0.20mi
11 Washington St Mount Holly, NJ 2.0 1.0 3676 $1,950 $0.53 11d 1 0.23mi
39 High St Mt Holly, NJ 2.0 1.0 $2,050 14d 1 0.28mi
37 Church St Mount Holly, NJ 3.0 1.5 1900 $2,370 $1.25 10d 1 0.37mi
105 Broad St Unit 1 Mt Holly, NJ 3.0 1.0 1100 $2,200 $2.00 1d 1 0.47mi
102 Ridgway St Unit 1 Mt Holly, NJ 3.0 2.5 850 $2,200 $2.59 1d 1 0.48mi
10 Stanton Rd Mount Holly, NJ 3.0 2.5 2208 $3,300 $1.49 1d 1 0.50mi
209 Mill St Mount Holly, NJ 3.0 1.5 1274 $2,400 $1.88 1d 1 0.54mi
302 Barrington Ct Mt Holly, NJ 1.0–3.0 1.0–2.5 1226 $2,959 $2.41 1d 9 0.56mi
64 Regency Dr Mt Holly, NJ 1.0–3.0 1.0–2.0 1066 $2,800 $2.63 1d 1 0.65mi
1 Kirby Ct Mt Holly, NJ 1.0–3.0 1.0–2.5 1349 $3,125 $2.32 1d 12 0.68mi
610 Ogden Dr Westampton, NJ 4.0 2.0 2370 $4,200 $1.77 21d 1 0.80mi
209 Front St Mount Holly, NJ 4.0 2.5 1500 $4,950 $3.30 1d 1 0.92mi
533 Garden St Mount Holly, NJ 1.0–2.0 1.0 750 $2,185 $2.91 1d 8 0.98mi
502 Bloomfield Dr Westampton, NJ 4.0 3.0 1666 $4,950 $2.97 1d 1 1.01mi
501 Bloomfield Dr Westampton, NJ 4.0 2.0 1975 $4,950 $2.51 1d 1 1.01mi
151 Rambling Rd Lumberton, NJ 4.0 2.5 3000 $5,495 $1.83 16d 1 1.12mi
1401 Windmill Way Lumberton, NJ 1.0–2.0 1.0–2.0 947 $2,315 $2.44 1d 29 1.22mi
3a Hunter Cir Eastampton Township, NJ 1.0–2.0 1.0–1.5 865 $2,255 $2.61 1d 25 1.32mi
A1 Bentley Rd Mount Holly, NJ 1.0–2.0 1.0 922 $2,075 $2.25 1d 24 1.38mi
5 Mulberry Ct Lumberton, NJ 3.0 1.5 1244 $2,200 $1.77 1d 1 1.39mi

Listing history 18 events

  1. 2026-06-18
    days on market $225,000 Active 548 DOM
  2. 2026-06-17
    days on market $225,000 Active 547 DOM
  3. 2026-06-16
    days on market $225,000 Active 546 DOM
  4. 2026-06-15
    days on market $225,000 Active 545 DOM
  5. 2026-06-13
    days on market $225,000 Active 543 DOM
  6. 2026-06-13
    days on market $225,000 Active 542 DOM
  7. 2026-06-09
    days on market $225,000 Active 539 DOM
  8. 2026-06-08
    days on market $225,000 Active 538 DOM
  9. 2026-06-07
    days on market $225,000 Active 537 DOM
  10. 2026-06-04
    days on market $225,000 Active 534 DOM
  11. 2026-06-03
    days on market $225,000 Active 533 DOM
  12. 2026-06-02
    days on market $225,000 Active 532 DOM
  13. 2026-06-01
    days on market $225,000 Active 531 DOM
  14. 2026-05-31
    days on market $225,000 Active 530 DOM
  15. 2025-05-28
    price $225,000
  16. 2024-12-17
    listed $300,000 Active
  17. 2024-12-05
    historical
  18. 2023-12-14
    listed $300,000 Active

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

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$30,687
− Mortgage interest
−$12,603
− Property taxes
−$3,375
− Insurance
−$1,125
− Repairs & maintenance
−$2,455
− Management
−$2,455
− Depreciation
−$6,545
Taxable income
$2,128
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$511
After-tax cash flow
$5,073/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.

Schools (NCES district)

District
Rancocas Valley Regional High School District
NCES district ID
3413620
Math proficiency
29% ▼ -18.00%
Reading proficiency
49% ▼ -4.00%
Median HH income
$58,992
Composite
34.45/100
National rank
#5195
State rank
#236 of 472 in NJ

Livability — Vincentown

No livability data for this city. (Only ~50 U.S. cities are tracked.)

Census & demographics

County
Burlington County · 323,710 people
Metro
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
Population (ZIP)
25,835
Household income
$109,292
Rent vs Own
26.0% rent · 74.0% own
Severe rent burden
562.0

Population outlook (Burlington County) Hauer SSP2

Today (2025)
453,425 people
By 2030
452,359 · -0.2%
By 2040
445,033 · -1.9%
By 2050
431,760 · -4.8%
By 2075
406,277 · -10.4%
By 2100
364,732 · -19.6%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Diverse neighborhood (Simpson 0.68)
Race & ethnicity
White 49% Black 25% Two or more races 15% Hispanic / Latino 13% Asian 4%
Hispanic origin (detail)
Mexican 2% Puerto Rican 7%
Common ancestry
Romanian 4% Lithuanian 2% Italian 1%
Foreign-born
11% · Canada, Dominican Republic, China
Languages at home
87% English-only · Spanish 7% Other Indo-European 2% French/Haitian/Cajun 1%

Political lean MEDSL · Burlington

2024 margin
D (+16.6) · D 57.6% · R 41.0% · Other 1.3%
2008→2024 swing
-2.0pp toward R · 2008: 18.6pp · 2024: 16.6pp
All cycles
2024: D+16.6 2020: D+19.5 2016: D+14.8 2012: D+18.7 2008: D+18.6

Not yet ingested

Civics

Market trends

HPI YoY
▼ -156.50%
Current HPI
296.564
Rent YoY
▲ 1.42%
Metro
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
State GDP YoY
▲ 2.05%
F500 in state
34

Industry mix (Fortune 500 HQ in NJ)

Industry F500 HQs Revenue

Price history

-25.0% since first listed
4 events — show timeline
  • 2025-05-28 Price Changed $225,000 BRIGHT MLS
  • 2024-12-17 Listed $300,000 BRIGHT MLS
  • 2024-12-05 Listing Removed BRIGHT MLS
  • 2023-12-14 Listed $300,000 BRIGHT MLS

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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