REI Lense

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$3,330 (target)

11 Goldfinch Road, Queensbury, NY 12804

3 beds • 2 baths • 1350 sqft

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This property looks like a bad Mid-Term investment with a projected -1.13% first-year return on $87,090 initial cash invested.

-1.13%

Cash On Cash

6.37%

Cap Rate

1.03

DSCR

$3,330

Rent

-$82

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,330 income − $3,412 expenses = $82 out of pocket

Income$3,330Out of Pocket$82Mortgage P&I$1,69651%Property Taxes$45814%Insurance$1153%HOA$11Management$40012%CapEx$1334%Vacancy$1003%Maintenance$1334%Other$36611%

Investment Breakdown

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Purchase Price

$329k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$87,090

Downpayment

20%

$65,800

Closing costs

1%

$3,290

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,330

Total Expenses

$3,412

Mortgage P&I

51%

$1,696

Property Taxes

14%

$458

Home Insurance

3%

$115

HOA

0%

$11

Property Management

12%

$400

CapEx

4%

$133

Vacancy

3%

$100

Maintenance

4%

$133

Other

11%

$366

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