REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,015 (target)

56 Steele Avenue, Gloversville, NY 12078

3 beds • 2 baths • 1568 sqft

Email

This property could be a profitable Mid-Term investment with a projected 17.61% first-year return on $52,944 initial cash invested.

17.61%

Cash On Cash

12.81%

Cap Rate

2.02

DSCR

$3,015

Rent

$777

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,015 income − $2,238 expenses = $777 cash flow

Income$3,015Mortgage P&I$87929%Property Taxes$2749%Insurance$592%Management$36212%CapEx$1214%Vacancy$903%Maintenance$1214%Other$33211%Cash Flow$777

Investment Breakdown

|

Purchase Price

$166k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$52,944

Downpayment

20%

$33,280

Closing costs

1%

$1,664

Rehab

0%

$0

Furnishing

11%

$18,000

Cashflow

Total Income

$3,015

Total Expenses

$2,238

Mortgage P&I

29%

$879

Property Taxes

9%

$274

Home Insurance

2%

$59

HOA

0%

$0

Property Management

12%

$362

CapEx

4%

$121

Vacancy

3%

$90

Maintenance

4%

$121

Other

11%

$332

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis