REI Lense

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$5,218 (target)

457 Goodman Rd, Malone, NY 12953

3 beds • 2 baths • 1425 sqft

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This property could be a profitable Mid-Term investment with a projected 21.91% first-year return on $79,425 initial cash invested.

21.91%

Cash On Cash

12.61%

Cap Rate

2.17

DSCR

$5,218

Rent

$1,450

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,218 income − $3,768 expenses = $1,450 cash flow

Income$5,218Mortgage P&I$1,41527%Property Taxes$4579%Insurance$1212%Management$62612%CapEx$2094%Vacancy$1573%Maintenance$2094%Other$57411%Cash Flow$1,450

Investment Breakdown

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Purchase Price

$293k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$79,425

Downpayment

20%

$58,500

Closing costs

1%

$2,925

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$5,218

Total Expenses

$3,768

Mortgage P&I

27%

$1,415

Property Taxes

9%

$457

Home Insurance

2%

$121

HOA

0%

$0

Property Management

12%

$626

CapEx

4%

$209

Vacancy

3%

$157

Maintenance

4%

$209

Other

11%

$574

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