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$5,624 (target)

46 Wheatfield Way, Mechanicville, NY 12118

3 beds • 3 baths • 2266 sqft

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This property looks like a bad Mid-Term investment with a projected -6.4% first-year return on $164k initial cash invested.

-6.4%

Cash On Cash

4.88%

Cap Rate

0.81

DSCR

$5,624

Rent

-$874

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,624 income − $6,498 expenses = $874 out of pocket

Income$5,624Out of Pocket$874Mortgage P&I$3,47362%Property Taxes$83315%Insurance$2434%HOA$361%Management$67512%CapEx$2254%Vacancy$1693%Maintenance$2254%Other$61911%

Investment Breakdown

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Purchase Price

$695k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$164k

Downpayment

20%

$139k

Closing costs

1%

$6,950

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$5,624

Total Expenses

$6,498

Mortgage P&I

62%

$3,473

Property Taxes

15%

$833

Home Insurance

4%

$243

HOA

1%

$36

Property Management

12%

$675

CapEx

4%

$225

Vacancy

3%

$169

Maintenance

4%

$225

Other

11%

$619

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