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REAL ESTATE FOR SALE Contact:   Paul Bodo www.ILoveSeaIsle.com Sea Isle Realty 6300 Landis Avenue     Sea Isle City, NJ  08243 (609) 263-5301 ext. #209   or   Toll Free 1-888-848-4948 ext. #209 New Construction - Picture taken on 2-27-13 5900 Landis Ave (59th & Landis Ave - bayside of street) New Construction - Picture taken on 2-27-13 111 63rd Street (Acme Shopping Center Area) Sea Isle Realty's New Construction Sale Properties in Sea Isle City, NJ All Sea Isle Realty's Sale Property Listings in Sea Isle City, NJ Sea Isle City & Cape May County - All Sale Property Purchase scenarios... 925,000 purchase price 720,000 first mortgage (80%) 4.5% principal and interest payment $3648.17 $46,250 home equity line of credit interest only prime plus 3%(approx) $240.88 per month Total principal and interest payment $3889.06 You need to add taxes and insurance to the above figure Gross rental income $5000 per month 700,000 purchase price $560,000 first mortgage (80%) principal and interest payment $2837.46 $35,000 home equity line of credit prime plus 3.5%(approx) $196.88 per month Total principal and interest payment $3044.34 You need to add taxes and insurance to the above amount Gross rental income is $3333.33 per month Looking at the above it seems as if the first scenario offers buyer more income. Please let me know how you would like to proceed. Want your NEW CONSTRUCTION property listed for sale to show up and be featured in the link above?   Contact Paul Bodo to get listed on this web site.