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$3,074 (target)

117 Forest Street, Gloversville, NY 12078

3 beds • 2 baths • 1274 sqft

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This property could be a profitable Mid-Term investment with a projected 15.03% first-year return on $58,929 initial cash invested.

15.03%

Cash On Cash

11.4%

Cap Rate

1.87

DSCR

$3,074

Rent

$738

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,074 income − $2,336 expenses = $738 cash flow

Income$3,074Mortgage P&I$99032%Property Taxes$2338%Insurance$682%Management$36912%CapEx$1234%Vacancy$923%Maintenance$1234%Other$33811%Cash Flow$738

Investment Breakdown

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Purchase Price

$195k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$58,929

Downpayment

20%

$38,980

Closing costs

1%

$1,949

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$3,074

Total Expenses

$2,336

Mortgage P&I

32%

$990

Property Taxes

8%

$233

Home Insurance

2%

$68

HOA

0%

$0

Property Management

12%

$369

CapEx

4%

$123

Vacancy

3%

$92

Maintenance

4%

$123

Other

11%

$338

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