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$2,715 (target)

64 Margaret St, Saranac Lake, NY 12983

3 beds • 2 baths • 1734 sqft

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This property could be a profitable Mid-Term investment with a projected 24.73% first-year return on $42,171 initial cash invested.

24.73%

Cash On Cash

16.18%

Cap Rate

2.7

DSCR

$2,715

Rent

$869

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,715 income − $1,846 expenses = $869 cash flow

Income$2,715Mortgage P&I$57421%Property Taxes$1204%Insurance$2288%Management$32612%CapEx$1094%Vacancy$813%Maintenance$1094%Other$29911%Cash Flow$869

Investment Breakdown

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Purchase Price

$115k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$42,171

Downpayment

20%

$23,020

Closing costs

1%

$1,151

Rehab

0%

$0

Furnishing

16%

$18,000

Cashflow

Total Income

$2,715

Total Expenses

$1,846

Mortgage P&I

21%

$574

Property Taxes

4%

$120

Home Insurance

8%

$228

HOA

0%

$0

Property Management

12%

$326

CapEx

4%

$109

Vacancy

3%

$81

Maintenance

4%

$109

Other

11%

$299

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