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$3,807 (target)

16 Genesee Ln, Plattsburgh, NY 12901

3 beds • 2 baths • 1517 sqft

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This property could be a profitable Mid-Term investment with a projected 13.19% first-year return on $72,579 initial cash invested.

13.19%

Cash On Cash

10.34%

Cap Rate

1.74

DSCR

$3,807

Rent

$798

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,807 income − $3,009 expenses = $798 cash flow

Income$3,807Mortgage P&I$1,28934%Property Taxes$3359%Insurance$912%Management$45712%CapEx$1524%Vacancy$1143%Maintenance$1524%Other$41911%Cash Flow$798

Investment Breakdown

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Purchase Price

$260k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$72,579

Downpayment

20%

$51,980

Closing costs

1%

$2,599

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,807

Total Expenses

$3,009

Mortgage P&I

34%

$1,289

Property Taxes

9%

$335

Home Insurance

2%

$91

HOA

0%

$0

Property Management

12%

$457

CapEx

4%

$152

Vacancy

3%

$114

Maintenance

4%

$152

Other

11%

$419

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