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$3,954 (target)

24 W Erie Street, Albany, NY 12208

3 beds • 2 baths • 1676 sqft

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This property might be a fair Mid-Term investment with a projected 2.79% first-year return on $90,282 initial cash invested.

2.79%

Cash On Cash

7.16%

Cap Rate

1.22

DSCR

$3,954

Rent

$210

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,954 income − $3,744 expenses = $210 cash flow

Income$3,954Mortgage P&I$1,68543%Property Taxes$59315%Insurance$1223%Management$47412%CapEx$1584%Vacancy$1193%Maintenance$1584%Other$43511%Cash Flow$210

Investment Breakdown

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Purchase Price

$344k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$90,282

Downpayment

20%

$68,840

Closing costs

1%

$3,442

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,954

Total Expenses

$3,744

Mortgage P&I

43%

$1,685

Property Taxes

15%

$593

Home Insurance

3%

$122

HOA

0%

$0

Property Management

12%

$474

CapEx

4%

$158

Vacancy

3%

$119

Maintenance

4%

$158

Other

11%

$435

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