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$3,468 (target)

47 2nd Street, Glens Falls, NY 12801

3 beds • 2 baths • 1553 sqft

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This property could be a profitable Mid-Term investment with a projected 32.81% first-year return on $45,279 initial cash invested.

32.81%

Cash On Cash

18.95%

Cap Rate

3.04

DSCR

$3,468

Rent

$1,238

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,468 income − $2,230 expenses = $1,238 cash flow

Income$3,468Mortgage P&I$67419%Property Taxes$33110%Insurance$461%Management$41612%CapEx$1394%Vacancy$1043%Maintenance$1394%Other$38111%Cash Flow$1,238

Investment Breakdown

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Purchase Price

$130k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$45,279

Downpayment

20%

$25,980

Closing costs

1%

$1,299

Rehab

0%

$0

Furnishing

14%

$18,000

Cashflow

Total Income

$3,468

Total Expenses

$2,230

Mortgage P&I

19%

$674

Property Taxes

10%

$331

Home Insurance

1%

$46

HOA

0%

$0

Property Management

12%

$416

CapEx

4%

$139

Vacancy

3%

$104

Maintenance

4%

$139

Other

11%

$381

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