$2,850,000
Investment Summary
- Monthly Cash Flow
- -$13,888
- Cap Rate
- 0.2%
- Cash-on-Cash Return
- -25.4%
- Debt Coverage Ratio
- 0.04
- Internal Rate of Return (5 years)
- -20.5%
Cash Flow
Net Operating Income (NOI) minus mortgage payments.
Calculation:
NOI - Mortgage Payments
Cap Rate (Market Value)
Capitalization Rate is a rate of return that compares the yearly Net Operating Income (NOI) to the market value.
Calculation:
NOI / Market Value
Cash-on-Cash Return (CoC)
Annual Cash Flow / Cash Invested
Calculation:
Annual cash flow divided by initial cash invested.
Debt Coverage Ratio (DCR)
Net Operating Income (NOI) divided by total debt payments.
Calculation:
NOI / Total Debt Payments
Internal Rate of Return (IRR)
A metric for assessing profitability over time. IRR is the discount rate at which the net present value (NPV) of all future cash flows (positive and negative) from an investment equals zero — including both periodic cash flow (such as rent) and a projected sale at the end of the holding period. It represents the expected annualized return, accounting for income, expenses, and the recovery of capital through a future sale.
Property Description
Amidst the verdant rolling hills surrounding the town of Tivoli lies this exceptionally peaceful and impeccably designed country home. The Home Brought to life by the wonderfully talented Jenni Kayne Interiors team and nestled into a truly breathtaking natural landscape, Fox Lane is the perfect countryside retreat. Inside, tall windows orient each room towards the carefully landscaped grounds, flooding the interiors with abundant natural light. A warm, lived-in feeling is achieved through the layering of considered textures; custom mixed Portola Paint plaster finishes on the walls, buffed limestone tiling and rare marbles in the baths, raw wood beams framing the 16-foot ceilings, wide-plank wood floors, and handpainted tiles by the UK-based artist Aviva Halter and silky honed soapstone in the kitchen. The home and its four bedrooms and three baths are spread across a single floor, each room with far-reaching pastoral views. The expansive living and entertaining room is centered around a wood-burning fireplace, and extends to the lush exterior via large glass sliding doors, with an outdoor dining deck and kitchen to enjoy during the summer months. The 'resting' wing of the house is home to the serene primary suite, a guest suite, two additional bedrooms, and a third bath. Abundant storage space is peppered throughout the interior, and a large mudroom is the perfect utility space for this country property. The fixtures, appliances, and lighting were meticulously handpicked for their durability and quality - Waterworks systems in each bathroom, an AGA range, Sun Valley Bronze door hardware, Portola Paints in a plaster finish, WOVN Home linen Roman shades, and custom-carved marble and stone sinks. The Grounds The five-acre property has been robustly cultivated with irrigated, Provençal gardens, meandering pea gravel walking paths, wildflower meadows, gentle knolls, and a fenced, raised-bed kitchen garden. The heated saltwater gunite pool is discreetly nestled amidst the gardens and lounging area, barely disrupting the expanse of thriving greenery. Tucked down a winding pathway lies a custom large-scale metal greenhouse with brushed concrete floors, a hand-carved stone sink with Waterworks fixtures, and heating, cooling, and powerful ventilation. Tall willows conceal the wellness area, featuring a cedar hot tub, Thermowood barrel sauna, and an Alaskan cold plunge. A two-vehicle carport with an EV charger was built to mimic the architectural style of the main house and would make a great seasonal workshop or studio for the budding artist or maker. The Surroundings Fox Lane is just a few minutes from the charming towns of Tivoli, Red Hook, and Germantown, twenty minutes from Rhinebeck, Hudson, and the Amtrak train station, and two hours from New York City. Nearby favorites include Fortunes Ice Cream, Tivoli General, Montgomery Place Orchards farmstand, Otto's Market, Hearty Roots farm store, Stissing House, and Greig's Farm.
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Location
Property Details
Parking
- Description: 2 Cars, Carport
- Garage Spaces: 0
- Spaces Total: 0
Bedroom Information
- # of Bedrooms: 4
Bathroom Information
- # of Baths (Full): 3
- # of Baths (Total): 3.0
Interior Features
- # of Rooms: 9
- # of Stories: 1
- Fireplace: Yes
Exterior Features
- Exterior Walls Materials: Wood
- Pool: Yes
Land Information
- Land Use: Residential
- Land Use Subtype: Single Family Residential
Lot Information
- Parcel ID: 103000191.132.6
- Lot Size: 218236 sqft
Property Information
- Property Type: Single Family Residence
- Style: Farmhouse, Modern
- Year Built: 2023
Tax Information
- Annual Tax: $35,955
Utilities
- Water & Sewer: Public, Private, Well
- Heating: Wood Stove, Forced Air
- Cooling: Central Air
Location
- County: Columbia
Listing Details
Investment Summary
- Monthly Cash Flow
- -$13,888
- Cap Rate
- 0.2%
- Cash-on-Cash Return
- -25.4%
- Debt Coverage Ratio
- 0.04
- Internal Rate of Return (5 years)
- -20.5%
Cash Flow
Net Operating Income (NOI) minus mortgage payments.
Calculation:
NOI - Mortgage Payments
Cap Rate (Market Value)
Capitalization Rate is a rate of return that compares the yearly Net Operating Income (NOI) to the market value.
Calculation:
NOI / Market Value
Cash-on-Cash Return (CoC)
Annual Cash Flow / Cash Invested
Calculation:
Annual cash flow divided by initial cash invested.
Debt Coverage Ratio (DCR)
Net Operating Income (NOI) divided by total debt payments.
Calculation:
NOI / Total Debt Payments
Internal Rate of Return (IRR)
A metric for assessing profitability over time. IRR is the discount rate at which the net present value (NPV) of all future cash flows (positive and negative) from an investment equals zero — including both periodic cash flow (such as rent) and a projected sale at the end of the holding period. It represents the expected annualized return, accounting for income, expenses, and the recovery of capital through a future sale.
Purchase Details
Purchase PriceThe price paid for the property. Purchase price:
| $2,850,000 |
|---|---|
Amount FinancedThe amount of the purchase financed through a loan. Amount financed:
| -$2,280,000 |
Down paymentThe initial payment made towards the purchase. Down payment:
| $570,000 |
Closing CostsFees and expenses associated with purchasing a property, typically ranging from 2% to 5% of the home’s purchase price, paid at the end of a home purchase to cover services like lending, title transfer, and taxes. Closing costs:
| $85,500 |
Rehab CostsCosts incurred to repair or improve the property, including: roof, flooring, exterior siding, kitchen, exterior paint, bathrooms, etc. Rehab costs:
| $0 |
Initial Cash InvestedThe total initial cash invested in the property. Calculation:Down payment + Buying costs + Rehab costs Initial cash invested:
| $655,500 |
Square Feet (SQFT)The total square footage of the property. Square feet:
| 2,150 |
Cost Per Square FootCost per square foot of the property. Calculation:Purchase Price / Square Feet Cost per square foot:
| $1,326 |
Monthly Rent Per Square FootMonthly rent divided by the number of square feet. This ratio helps investors compare rental income efficiency across properties, markets, and unit sizes Calculation:Monthly Rent / Square Feet Monthly rent per square foot:
| $2.37 |
Financing Details
Loan AmountThe total sum of money borrowed from a lender to finance a property purchase. Calculation:Purchase Price - Down Payment
Loan amount:
| $2,280,000 |
|---|---|
Loan to Value Ratio (LTV)Loan amount divided by the market value of the property. Calculation:Loan Amount / Market Value
Loan to value ratio:
| 80.0% |
Loan TypeThe type of loan (e.g., fixed, adjustable).
Loan type:
| Amortizing |
TermThe loan repayment period in years.
Term:
| 30 years |
Interest RateThe percentage a lender charges on the borrowed amount of a loan, determining the cost of borrowing money.
Interest rate:
| 6.500% |
Principal & Interest (PI)The principal is the portion of the loan payment that reduces the loan balance. The interest is the lender's charge for borrowing money. Calculation:(P * r * (1 + r) ** n) / ((1 + r) ** n - 1) Where:
P = Loan amount (principal)
Principal & interest:
| $14,411 |
Property TaxesAnnual taxes levied by local governments on real estate properties. These taxes fund public services like schools, roads, and emergency services.
Property tax:
| $2,996 |
InsuranceThe costs for insurance coverage to protect against financial losses due to risks like fire, natural disasters, theft, liability, or tenant-related damages. Calculation:Assumes 7% of gross rental income, unless insurance rates are specified.
Insurance:
| $357 |
Private Mortgage Insurance (PMI)A fee that borrowers pay when they take out a conventional loan with a loan-to-value (LTV) ratio above 80%.
Private mortgage insurance (PMI):
| $0 |
Monthly PaymentThe fixed amount a borrower pays each month to repay a loan. It typically includes principal and interest (P&I) and may also cover property taxes, insurance, HOA fees, and PMI if escrowed. Monthly payment:
| $17,764 |
Operating Income
| % Rent | Monthly | Yearly | |
|---|---|---|---|
Gross RentThe total rental income received from tenants before deducting any expenses. Includes base rent, late fees, pet fees, parking fees, and other recurring charges.
Gross rent:
| $5,100 | $61,200 | |
Vacancy LossExpected loss of rent due to vacancies.
Vacancy loss:
(6%)
| 6% | -$306 | -$3,672 |
Operating IncomeGross rental income minus vacancy loss. Calculation:Gross rent - Vacancy loss
Operating income:
| $4,794 | $57,528 |
Operating Expenses
| % Rent | Monthly | Yearly | |
|---|---|---|---|
Property TaxesAnnual taxes levied by local governments on real estate properties. These taxes fund public services like schools, roads, and emergency services. | 59% | -$2,996 | -$35,955 |
InsuranceThe costs for insurance coverage to protect against financial losses due to risks like fire, natural disasters, theft, liability, or tenant-related damages. Calculation:Assumes 7% of gross rental income, unless insurance rates are specified. | 7% | -$357 | -$4,284 |
Property ManagementThe costs associated with hiring a property manager to handle the day-to-day operations of a rental property. Includes management fees, leasing fes, eviction fees, etc. Calculation:Assumes 8% of gross rental income. | 8% | -$408 | -$4,896 |
Repairs & MaintenanceOngoing costs for routine upkeep and minor fixes needed to keep a property in good working condition. Calculation:Assumes 5% of gross rental income. Varies by property age and condition. | 5% | -$255 | -$3,060 |
Capital ExpensesLarge, infrequent costs for major improvements or replacements, like a new roof, HVAC system, or appliances. Calculation:Assumes 5% of gross rental income. Varies by property age. | 5% | -$255 | -$3,060 |
HOA FeesRegular dues paid to a Homeowners Association for community maintenance, amenities, and management. Similar fees include: Condo Association Fees, Co-op Maintenance Fees, etc. | n/a | n/a | n/a |
Operating ExpensesRecurring costs required to maintain and manage a rental property, including property taxes, insurance, maintenance, repairs, utilities (if paid by the owner), property management fees, and other day-to-day expenses. Calculation:Insurance + Property Taxes + Property Management + Repairs & Maintenance + Capital Expenditures + HOA Fees | 84% | -$4,271 | -$51,255 |
Cash Flow
| Monthly | Yearly | |
|---|---|---|
Net Operating Income (NOI)The income generated from a property after deducting all operating expenses but before deducting mortgage payments, taxes, and capital expenditures. Calculation:Gross Operating Income - Operating Expenses
Net operating income:
| $523 | $6,276 |
Mortgage PaymentThe fixed amount a borrower pays each month to repay a loan. It typically includes principal and interest (P&I) and may also cover property taxes, insurance, HOA fees, and PMI if escrowed. | -$14,411 | -$172,932 |
Cash FlowNet Operating Income (NOI) minus mortgage payments. Calculation:NOI - Mortgage Payments | $13,888 | $166,656 |