REI Lense

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$2,434 (target)

1213 State St, Ogdensburg, NY 13669

3 beds • 2 baths • 0 sqft

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This property might be a fair Mid-Term investment with a projected 4.92% first-year return on $54,645 initial cash invested.

4.92%

Cash On Cash

8.3%

Cap Rate

1.36

DSCR

$2,434

Rent

$224

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,434 income − $2,210 expenses = $224 cash flow

Income$2,434Mortgage P&I$88636%Property Taxes$43218%Insurance$653%Management$29212%CapEx$974%Vacancy$733%Maintenance$974%Other$26811%Cash Flow$224

Investment Breakdown

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Purchase Price

$175k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$54,645

Downpayment

20%

$34,900

Closing costs

1%

$1,745

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$2,434

Total Expenses

$2,210

Mortgage P&I

36%

$886

Property Taxes

18%

$432

Home Insurance

3%

$65

HOA

0%

$0

Property Management

12%

$292

CapEx

4%

$97

Vacancy

3%

$73

Maintenance

4%

$97

Other

11%

$268

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