REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,000 (target)

43 Lorraine St, Plattsburgh, NY 12901

3 beds • 2 baths • 1512 sqft

Email

This property might be a fair Mid-Term investment with a projected 9.59% first-year return on $67,350 initial cash invested.

9.59%

Cash On Cash

9.45%

Cap Rate

1.55

DSCR

$3,000

Rent

$538

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,000 income − $2,462 expenses = $538 cash flow

Income$3,000Mortgage P&I$1,19340%Property Taxes$1676%Insurance$823%Management$36012%CapEx$1204%Vacancy$903%Maintenance$1204%Other$33011%Cash Flow$538

Investment Breakdown

|

Purchase Price

$235k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$67,350

Downpayment

20%

$47,000

Closing costs

1%

$2,350

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$3,000

Total Expenses

$2,462

Mortgage P&I

40%

$1,193

Property Taxes

6%

$167

Home Insurance

3%

$82

HOA

0%

$0

Property Management

12%

$360

CapEx

4%

$120

Vacancy

3%

$90

Maintenance

4%

$120

Other

11%

$330

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis