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$5,360 (target)

8 Cedarcrest Drive, Saratoga Springs, NY 12866

3 beds • 3 baths • 1728 sqft

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This property might be a fair Mid-Term investment with a projected 5.23% first-year return on $124k initial cash invested.

5.23%

Cash On Cash

7.66%

Cap Rate

1.31

DSCR

$5,360

Rent

$541

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,360 income − $4,819 expenses = $541 cash flow

Income$5,360Mortgage P&I$2,47146%Property Taxes$3607%Insurance$1663%Management$64312%CapEx$2144%Vacancy$1613%Maintenance$2144%Other$59011%Cash Flow$541

Investment Breakdown

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Purchase Price

$506k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$124k

Downpayment

20%

$101k

Closing costs

1%

$5,057

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$5,360

Total Expenses

$4,819

Mortgage P&I

46%

$2,471

Property Taxes

7%

$360

Home Insurance

3%

$166

HOA

0%

$0

Property Management

12%

$643

CapEx

4%

$214

Vacancy

3%

$161

Maintenance

4%

$214

Other

11%

$590

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