Skip to content
×
Pro Members Get Full Access
Succeed in real estate investing with proven toolkits that have helped thousands of aspiring and existing investors achieve financial freedom.
$0 TODAY
$32.50/month, billed annually after your 7-day trial.
Cancel anytime
Find the right properties and ace your analysis
Market Finder with key investor metrics for all US markets, plus a list of recommended markets.
Deal Finder with investor-focused filters and notifications for new properties
Unlimited access to 9+ rental analysis calculators and rent estimator tools
Off-market deal finding software from Invelo ($638 value)
Supercharge your network
Pro profile badge
Pro exclusive community forums and threads
Build your landlord command center
All-in-one property management software from RentRedi ($240 value)
Portfolio monitoring and accounting from Stessa
Lawyer-approved lease agreement packages for all 50-states ($4,950 value) *annual subscribers only
Shortcut the learning curve
Live Q&A sessions with experts
Webinar replay archive
50% off investing courses ($290 value)
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
Archived almost 6 years ago

$26,900

3 bd 1 ba 1152 sqft

378 Morse St, Camden, NJ 08105

Residential SFR

Current Rent **

N/A

Projected Rent **

N/A

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

Estimated Rent †

Pro Only

Estimated Rent Confidence ‡

Medium

Posted By:

Kirk Johnson

Awesome Cash Flow Opportunity

Looking for an investment property in the desirable Marlton section of Camden? Look no further! We've got you covered. This house features a great amount of space for families and roommates to live near local transportation. This property is about a 2 minute walk from shopping centers, transportation and other attractions in the city. Also, this property is conveniently located 5-10 minutes from Cherry Hill Mall! Its in a prime location. With a little bit of work this property is ready to start Cashflowing. Rent comps in this neighborhood for a 3/1 are $1200-$1400. Section 8 pays $1500/month for similar properties. Give us a call today to check it out!COMPS:"519 Randolph Street" sold 10/31/18 $87,000 (0.5 mi)"473 Randolph Street" sold 5/8/18 $85,250 (0.4 mi)ARV (if you decide to sell) $86,125Repairs: $20,000Asking Price: $26,900Potential Profit: $39,225

Potential Rental Income: $1500/month

Location:

378 Morse St, Camden, NJ 08105

Looking for an agent?
Start a rental property calculator report
Use the rental calculator to determine this property's potential profit.
Analyze this property

* The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.

** Current rent and projected rent are provided by the lister.

† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.

‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.