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$5,922 (target)

6 Jones Road, Saratoga springs, NY 12866

3 beds • 2 baths • 2390 sqft

$1,045,000

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This property looks like a bad Mid-Term investment with a projected -12.73% first-year return on $237k initial cash invested.

-12.73%

Cash On Cash

3.5%

Cap Rate

0.57

DSCR

$5,922

Rent

-$2,519

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,922 income − $8,441 expenses = $2,519 out of pocket

Income$5,922Out of Pocket$2,519Mortgage P&I$5,33090%Property Taxes$73112%Insurance$3666%Management$71112%CapEx$2374%Vacancy$1783%Maintenance$2374%Other$65111%

Investment Breakdown

|

Purchase Price

$1045k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$237k

Downpayment

20%

$209k

Closing costs

1%

$10,450

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$5,922

Total Expenses

$8,441

Mortgage P&I

90%

$5,330

Property Taxes

12%

$731

Home Insurance

6%

$366

HOA

0%

$0

Property Management

12%

$711

CapEx

4%

$237

Vacancy

3%

$178

Maintenance

4%

$237

Other

11%

$651

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