REI Lense

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$2,422 (target)

604 Irish Settlement Rd, Plattsburgh, NY 12901

3 beds • 2 baths • 1539 sqft

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This property could be a profitable Long-Term investment with a projected 10.76% first-year return on $45,150 initial cash invested.

10.76%

Cash On Cash

9.16%

Cap Rate

1.47

DSCR

$2,422

Rent

$405

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,422 income − $2,017 expenses = $405 cash flow

Income$2,422Mortgage P&I$1,11646%Property Taxes$1978%Insurance$753%Management$24210%CapEx$1215%Vacancy$1456%Maintenance$1215%Cash Flow$405

Investment Breakdown

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Purchase Price

$215k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$45,150

Downpayment

20%

$43,000

Closing costs

1%

$2,150

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,422

Total Expenses

$2,017

Mortgage P&I

46%

$1,116

Property Taxes

8%

$197

Home Insurance

3%

$75

HOA

0%

$0

Property Management

10%

$242

CapEx

5%

$121

Vacancy

6%

$145

Maintenance

5%

$121

Other

0%

$0

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