REI Lense

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$4,416 (target)

62 Green Island Avenue, Latham, NY 12110

3 beds • 2 baths • 1576 sqft

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This property might be a fair Mid-Term investment with a projected 5.23% first-year return on $102k initial cash invested.

5.23%

Cash On Cash

7.79%

Cap Rate

1.31

DSCR

$4,416

Rent

$446

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,416 income − $3,970 expenses = $446 cash flow

Income$4,416Mortgage P&I$1,98345%Property Taxes$3458%Insurance$1403%Management$53012%CapEx$1774%Vacancy$1323%Maintenance$1774%Other$48611%Cash Flow$446

Investment Breakdown

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Purchase Price

$401k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$102k

Downpayment

20%

$80,280

Closing costs

1%

$4,014

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,416

Total Expenses

$3,970

Mortgage P&I

45%

$1,983

Property Taxes

8%

$345

Home Insurance

3%

$140

HOA

0%

$0

Property Management

12%

$530

CapEx

4%

$177

Vacancy

3%

$132

Maintenance

4%

$177

Other

11%

$486

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