REI Lense

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$3,314 (target)

239 S 2nd Avenue, Mechanicville, NY 12118

3 beds • 2 baths • 2490 sqft

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This property might be a fair Mid-Term investment with a projected 0.95% first-year return on $83,436 initial cash invested.

0.95%

Cash On Cash

6.7%

Cap Rate

1.13

DSCR

$3,314

Rent

$66

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,314 income − $3,248 expenses = $66 cash flow

Income$3,314Mortgage P&I$1,54046%Property Taxes$47014%Insurance$1103%Management$39812%CapEx$1334%Vacancy$993%Maintenance$1334%Other$36511%Cash Flow$66

Investment Breakdown

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Purchase Price

$312k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$83,436

Downpayment

20%

$62,320

Closing costs

1%

$3,116

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,314

Total Expenses

$3,248

Mortgage P&I

46%

$1,540

Property Taxes

14%

$470

Home Insurance

3%

$110

HOA

0%

$0

Property Management

12%

$398

CapEx

4%

$133

Vacancy

3%

$99

Maintenance

4%

$133

Other

11%

$365

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