REI Lense

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$4,413 (target)

33 Glennon Road, Latham, NY 12110

3 beds • 2 baths • 1410 sqft

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This property might be a fair Mid-Term investment with a projected 7.52% first-year return on $96,120 initial cash invested.

7.52%

Cash On Cash

8.41%

Cap Rate

1.43

DSCR

$4,413

Rent

$602

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,413 income − $3,811 expenses = $602 cash flow

Income$4,413Mortgage P&I$1,82841%Property Taxes$3518%Insurance$1313%Management$53012%CapEx$1774%Vacancy$1323%Maintenance$1774%Other$48511%Cash Flow$602

Investment Breakdown

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Purchase Price

$372k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$96,120

Downpayment

20%

$74,400

Closing costs

1%

$3,720

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,413

Total Expenses

$3,811

Mortgage P&I

41%

$1,828

Property Taxes

8%

$351

Home Insurance

3%

$131

HOA

0%

$0

Property Management

12%

$530

CapEx

4%

$177

Vacancy

3%

$132

Maintenance

4%

$177

Other

11%

$485

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