REI Lense

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$3,801 (target)

121 South Street, Ballston Spa, NY 12020

3 beds • 2 baths • 2014 sqft

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This property might be a fair Mid-Term investment with a projected 2.63% first-year return on $94,377 initial cash invested.

2.63%

Cash On Cash

7.28%

Cap Rate

1.19

DSCR

$3,801

Rent

$207

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,801 income − $3,594 expenses = $207 cash flow

Income$3,801Mortgage P&I$1,84749%Property Taxes$38910%Insurance$662%Management$45612%CapEx$1524%Vacancy$1143%Maintenance$1524%Other$41811%Cash Flow$207

Investment Breakdown

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Purchase Price

$364k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$94,377

Downpayment

20%

$72,740

Closing costs

1%

$3,637

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,801

Total Expenses

$3,594

Mortgage P&I

49%

$1,847

Property Taxes

10%

$389

Home Insurance

2%

$66

HOA

0%

$0

Property Management

12%

$456

CapEx

4%

$152

Vacancy

3%

$114

Maintenance

4%

$152

Other

11%

$418

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