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$3,842 (target)

16 Summit Avenue, Latham, NY 12110

3 beds • 2 baths • 1272 sqft

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This property might be a fair Mid-Term investment with a projected 0.72% first-year return on $100k initial cash invested.

0.72%

Cash On Cash

6.67%

Cap Rate

1.11

DSCR

$3,842

Rent

$60

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,842 income − $3,782 expenses = $60 cash flow

Income$3,842Mortgage P&I$1,95751%Property Taxes$37810%Insurance$1404%Management$46112%CapEx$1544%Vacancy$1153%Maintenance$1544%Other$42311%Cash Flow$60

Investment Breakdown

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Purchase Price

$391k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$100k

Downpayment

20%

$78,120

Closing costs

1%

$3,906

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,842

Total Expenses

$3,782

Mortgage P&I

51%

$1,957

Property Taxes

10%

$378

Home Insurance

4%

$140

HOA

0%

$0

Property Management

12%

$461

CapEx

4%

$154

Vacancy

3%

$115

Maintenance

4%

$154

Other

11%

$423

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