REI Lense

REI Lense

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$2,718 (target)

1 Barrington Drive, Gansevoort, NY 12831

3 beds • 2 baths • 1658 sqft

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This property looks like a bad Long-Term investment with a projected -10.39% first-year return on $90,552 initial cash invested.

-10.39%

Cash On Cash

4.15%

Cap Rate

0.7

DSCR

$2,718

Rent

-$784

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,718 income − $3,502 expenses = $784 out of pocket

Income$2,718Out of Pocket$784Mortgage P&I$2,13879%Property Taxes$50719%Insurance$1506%Management$27210%CapEx$1365%Vacancy$1636%Maintenance$1365%

Investment Breakdown

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Purchase Price

$431k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$90,552

Downpayment

20%

$86,240

Closing costs

1%

$4,312

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,718

Total Expenses

$3,502

Mortgage P&I

79%

$2,138

Property Taxes

19%

$507

Home Insurance

6%

$150

HOA

0%

$0

Property Management

10%

$272

CapEx

5%

$136

Vacancy

6%

$163

Maintenance

5%

$136

Other

0%

$0

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