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$3,081 (target)

64 Beechwood Dr, Saranac Lake, NY 12983

3 beds • 3 baths • 2171 sqft

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This property looks like a bad Mid-Term investment with a projected -18.01% first-year return on $162k initial cash invested.

-18.01%

Cash On Cash

2.48%

Cap Rate

0.38

DSCR

$3,081

Rent

-$2,429

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,081 income − $5,510 expenses = $2,429 out of pocket

Income$3,081Out of Pocket$2,429Mortgage P&I$3,720121%Property Taxes$50316%Insurance$2408%Management$37012%CapEx$1234%Vacancy$923%Maintenance$1234%Other$33911%

Investment Breakdown

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Purchase Price

$685k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$162k

Downpayment

20%

$137k

Closing costs

1%

$6,850

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,081

Total Expenses

$5,510

Mortgage P&I

121%

$3,720

Property Taxes

16%

$503

Home Insurance

8%

$240

HOA

0%

$0

Property Management

12%

$370

CapEx

4%

$123

Vacancy

3%

$92

Maintenance

4%

$123

Other

11%

$339

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