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423 3rd Street, Newburgh, NY 12550

3 beds • 2 baths • 1296 sqft

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This property might be a fair Mid-Term investment with a projected 5.53% first-year return on $82,260 initial cash invested.

5.53%

Cash On Cash

7.78%

Cap Rate

1.37

DSCR

$3,908

Rent

$379

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$306k

Downpayment

20.0%

Interest Rate

5.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$82,260

Downpayment

20%

$61,200

Closing costs

1%

$3,060

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,908

Total Expenses

$3,529

Mortgage P&I

37%

$1,448

Property Taxes

17%

$646

Home Insurance

3%

$107

HOA

0%

$0

Property Management

12%

$469

CapEx

4%

$156

Vacancy

3%

$117

Maintenance

4%

$156

Other

11%

$430

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