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$3,897 (target)

8 Seneca Ave, Saranac Lake, NY 12983

3 beds • 3 baths • 2300 sqft

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This property might be a fair Mid-Term investment with a projected 1.76% first-year return on $93,957 initial cash invested.

1.76%

Cash On Cash

6.94%

Cap Rate

1.16

DSCR

$3,897

Rent

$138

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,897 income − $3,759 expenses = $138 cash flow

Income$3,897Mortgage P&I$1,79746%Property Taxes$50513%Insurance$1313%Management$46812%CapEx$1564%Vacancy$1173%Maintenance$1564%Other$42911%Cash Flow$138

Investment Breakdown

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Purchase Price

$362k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$93,957

Downpayment

20%

$72,340

Closing costs

1%

$3,617

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,897

Total Expenses

$3,759

Mortgage P&I

46%

$1,797

Property Taxes

13%

$505

Home Insurance

3%

$131

HOA

0%

$0

Property Management

12%

$468

CapEx

4%

$156

Vacancy

3%

$117

Maintenance

4%

$156

Other

11%

$429

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