REI Lense

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$2,199 (target)

7 Cottage St, Potsdam, NY 13676

3 beds • 2 baths • 0 sqft

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This property could be a profitable Long-Term investment with a projected 15.93% first-year return on $30,891 initial cash invested.

15.93%

Cash On Cash

10.34%

Cap Rate

1.7

DSCR

$2,199

Rent

$410

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,199 income − $1,789 expenses = $410 cash flow

Income$2,199Mortgage P&I$74734%Property Taxes$41719%Insurance$532%Management$22010%CapEx$1105%Vacancy$1326%Maintenance$1105%Cash Flow$410

Investment Breakdown

|

Purchase Price

$147k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$30,891

Downpayment

20%

$29,420

Closing costs

1%

$1,471

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,199

Total Expenses

$1,789

Mortgage P&I

34%

$747

Property Taxes

19%

$417

Home Insurance

2%

$53

HOA

0%

$0

Property Management

10%

$220

CapEx

5%

$110

Vacancy

6%

$132

Maintenance

5%

$110

Other

0%

$0

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