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$3,988 (target)

39 Poplar Ln, Saranac Lake, NY 12983

3 beds • 2 baths • 1920 sqft

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This property looks like a bad Mid-Term investment with a projected -6.97% first-year return on $135k initial cash invested.

-6.97%

Cash On Cash

4.63%

Cap Rate

0.77

DSCR

$3,988

Rent

-$786

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,988 income − $4,774 expenses = $786 out of pocket

Income$3,988Out of Pocket$786Mortgage P&I$2,78270%Property Taxes$43811%Insurance$1965%Management$47912%CapEx$1604%Vacancy$1203%Maintenance$1604%Other$43911%

Investment Breakdown

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Purchase Price

$559k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$135k

Downpayment

20%

$112k

Closing costs

1%

$5,590

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,988

Total Expenses

$4,774

Mortgage P&I

70%

$2,782

Property Taxes

11%

$438

Home Insurance

5%

$196

HOA

0%

$0

Property Management

12%

$479

CapEx

4%

$160

Vacancy

3%

$120

Maintenance

4%

$160

Other

11%

$439

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