REI Lense

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$4,179 (target)

29 Garling Drive, Latham, NY 12110

3 beds • 2 baths • 1482 sqft

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This property might be a fair Mid-Term investment with a projected 1.57% first-year return on $106k initial cash invested.

1.57%

Cash On Cash

6.77%

Cap Rate

1.15

DSCR

$4,179

Rent

$138

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,179 income − $4,041 expenses = $138 cash flow

Income$4,179Mortgage P&I$2,05249%Property Taxes$42210%Insurance$1474%Management$50112%CapEx$1674%Vacancy$1253%Maintenance$1674%Other$46011%Cash Flow$138

Investment Breakdown

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Purchase Price

$418k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$106k

Downpayment

20%

$83,520

Closing costs

1%

$4,176

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,179

Total Expenses

$4,041

Mortgage P&I

49%

$2,052

Property Taxes

10%

$422

Home Insurance

4%

$147

HOA

0%

$0

Property Management

12%

$501

CapEx

4%

$167

Vacancy

3%

$125

Maintenance

4%

$167

Other

11%

$460

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