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$3,838 (target)

50 Russell Street, Ballston Spa, NY 12020

3 beds • 2 baths • 1712 sqft

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This property might be a fair Mid-Term investment with a projected 1.93% first-year return on $102k initial cash invested.

1.93%

Cash On Cash

6.9%

Cap Rate

1.16

DSCR

$3,838

Rent

$164

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,838 income − $3,674 expenses = $164 cash flow

Income$3,838Mortgage P&I$1,98252%Property Taxes$2466%Insurance$1404%Management$46112%CapEx$1544%Vacancy$1153%Maintenance$1544%Other$42211%Cash Flow$164

Investment Breakdown

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Purchase Price

$400k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$102k

Downpayment

20%

$80,000

Closing costs

1%

$4,000

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,838

Total Expenses

$3,674

Mortgage P&I

52%

$1,982

Property Taxes

6%

$246

Home Insurance

4%

$140

HOA

0%

$0

Property Management

12%

$461

CapEx

4%

$154

Vacancy

3%

$115

Maintenance

4%

$154

Other

11%

$422

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