REI Lense

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$3,240 (target)

450 Wilton Gansevoort Road, Gansevoort, NY 12831

3 beds • 2 baths • 1737 sqft

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This property might be a fair Long-Term investment with a projected 1% first-year return on $76,650 initial cash invested.

1%

Cash On Cash

6.79%

Cap Rate

1.12

DSCR

$3,240

Rent

$64

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,240 income − $3,176 expenses = $64 cash flow

Income$3,240Mortgage P&I$1,83857%Property Taxes$36811%Insurance$1284%Management$32410%CapEx$1625%Vacancy$1946%Maintenance$1625%Cash Flow$64

Investment Breakdown

|

Purchase Price

$365k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$76,650

Downpayment

20%

$73,000

Closing costs

1%

$3,650

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,240

Total Expenses

$3,176

Mortgage P&I

57%

$1,838

Property Taxes

11%

$368

Home Insurance

4%

$128

HOA

0%

$0

Property Management

10%

$324

CapEx

5%

$162

Vacancy

6%

$194

Maintenance

5%

$162

Other

0%

$0

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