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$4,328 (target)

231 Summit Avenue, Rensselaer, NY 12144

3 beds • 3 baths • 1460 sqft

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This property might be a fair Mid-Term investment with a projected 5.41% first-year return on $94,545 initial cash invested.

5.41%

Cash On Cash

7.82%

Cap Rate

1.34

DSCR

$4,328

Rent

$426

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,328 income − $3,902 expenses = $426 cash flow

Income$4,328Mortgage P&I$1,77741%Property Taxes$52512%Insurance$1293%Management$51912%CapEx$1734%Vacancy$1303%Maintenance$1734%Other$47611%Cash Flow$426

Investment Breakdown

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Purchase Price

$365k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$94,545

Downpayment

20%

$72,900

Closing costs

1%

$3,645

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,328

Total Expenses

$3,902

Mortgage P&I

41%

$1,777

Property Taxes

12%

$525

Home Insurance

3%

$129

HOA

0%

$0

Property Management

12%

$519

CapEx

4%

$173

Vacancy

3%

$130

Maintenance

4%

$173

Other

11%

$476

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