REI Lense

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$2,892 (target)

27 Center Street, Fort Edward, NY 12828

3 beds • 2 baths • 1787 sqft

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This property might be a fair Mid-Term investment with a projected 8.73% first-year return on $60,063 initial cash invested.

8.73%

Cash On Cash

9.41%

Cap Rate

1.54

DSCR

$2,892

Rent

$437

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,892 income − $2,455 expenses = $437 cash flow

Income$2,892Mortgage P&I$1,01735%Property Taxes$37213%Insurance$823%Management$34712%CapEx$1164%Vacancy$873%Maintenance$1164%Other$31811%Cash Flow$437

Investment Breakdown

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Purchase Price

$200k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$60,063

Downpayment

20%

$40,060

Closing costs

1%

$2,003

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,892

Total Expenses

$2,455

Mortgage P&I

35%

$1,017

Property Taxes

13%

$372

Home Insurance

3%

$82

HOA

0%

$0

Property Management

12%

$347

CapEx

4%

$116

Vacancy

3%

$87

Maintenance

4%

$116

Other

11%

$318

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