REI Lense

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$4,244 (target)

6 Stone Bridge Drive, Ballston Lake, NY 12019

3 beds • 3 baths • 2124 sqft

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This property looks like a bad Mid-Term investment with a projected -8.3% first-year return on $138k initial cash invested.

-8.3%

Cash On Cash

4.19%

Cap Rate

0.72

DSCR

$4,244

Rent

-$954

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,244 income − $5,198 expenses = $954 out of pocket

Income$4,244Out of Pocket$954Mortgage P&I$2,77765%Property Taxes$75418%Insurance$2035%HOA$21Management$50912%CapEx$1704%Vacancy$1273%Maintenance$1704%Other$46711%

Investment Breakdown

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Purchase Price

$571k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$138k

Downpayment

20%

$114k

Closing costs

1%

$5,708

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,244

Total Expenses

$5,198

Mortgage P&I

65%

$2,777

Property Taxes

18%

$754

Home Insurance

5%

$203

HOA

0%

$21

Property Management

12%

$509

CapEx

4%

$170

Vacancy

3%

$127

Maintenance

4%

$170

Other

11%

$467

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