REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,704 (target)

38 Gravelly Point Dr, Plattsburgh, NY 12901

3 beds • 2 baths • 1975 sqft

Email

This property looks like a bad Mid-Term investment with a projected -15.57% first-year return on $122k initial cash invested.

-15.57%

Cash On Cash

2.4%

Cap Rate

0.4

DSCR

$2,704

Rent

-$1,581

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,704 income − $4,285 expenses = $1,581 out of pocket

Income$2,704Out of Pocket$1,581Mortgage P&I$2,46291%Property Taxes$72527%Insurance$1807%Management$32412%CapEx$1084%Vacancy$813%Maintenance$1084%Other$29711%

Investment Breakdown

|

Purchase Price

$494k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$122k

Downpayment

20%

$98,880

Closing costs

1%

$4,944

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,704

Total Expenses

$4,285

Mortgage P&I

91%

$2,462

Property Taxes

27%

$725

Home Insurance

7%

$180

HOA

0%

$0

Property Management

12%

$324

CapEx

4%

$108

Vacancy

3%

$81

Maintenance

4%

$108

Other

11%

$297

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis