REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$1,803 (target)

38 Gravelly Point Dr, Plattsburgh, NY 12901

3 beds • 2 baths • 1975 sqft

Email

This property looks like a bad Long-Term investment with a projected -23.49% first-year return on $104k initial cash invested.

-23.49%

Cash On Cash

1.26%

Cap Rate

0.21

DSCR

$1,803

Rent

-$2,032

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,803 income − $3,835 expenses = $2,032 out of pocket

Income$1,803Out of Pocket$2,032Mortgage P&I$2,462137%Property Taxes$72540%Insurance$18010%Management$18010%CapEx$905%Vacancy$1086%Maintenance$905%

Investment Breakdown

|

Purchase Price

$494k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$104k

Downpayment

20%

$98,880

Closing costs

1%

$4,944

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,803

Total Expenses

$3,835

Mortgage P&I

137%

$2,462

Property Taxes

40%

$725

Home Insurance

10%

$180

HOA

0%

$0

Property Management

10%

$180

CapEx

5%

$90

Vacancy

6%

$108

Maintenance

5%

$90

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis