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$3,889 (target)

75 S Franklin Street, Saratoga Springs, NY 12866

3 beds • 3 baths • 2105 sqft

$1,150,000

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This property looks like a bad Long-Term investment with a projected -20% first-year return on $242k initial cash invested.

-20%

Cash On Cash

2.08%

Cap Rate

0.34

DSCR

$3,889

Rent

-$4,024

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,889 income − $7,913 expenses = $4,024 out of pocket

Income$3,889Out of Pocket$4,024Mortgage P&I$5,828150%Property Taxes$67317%Insurance$40210%Management$38910%CapEx$1945%Vacancy$2336%Maintenance$1945%

Investment Breakdown

|

Purchase Price

$1150k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$242k

Downpayment

20%

$230k

Closing costs

1%

$11,500

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,889

Total Expenses

$7,913

Mortgage P&I

150%

$5,828

Property Taxes

17%

$673

Home Insurance

10%

$402

HOA

0%

$0

Property Management

10%

$389

CapEx

5%

$194

Vacancy

6%

$233

Maintenance

5%

$194

Other

0%

$0

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