REI Lense

REI Lense

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$3,558 (target)

1 Slatestone Drive, Scotia, NY 12302

3 beds • 2 baths • 1457 sqft

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This property looks like a bad Mid-Term investment with a projected -8.58% first-year return on $107k initial cash invested.

-8.58%

Cash On Cash

4%

Cap Rate

0.69

DSCR

$3,558

Rent

-$768

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,558 income − $4,326 expenses = $768 out of pocket

Income$3,558Out of Pocket$768Mortgage P&I$2,04457%Property Taxes$92426%Insurance$1494%Management$42712%CapEx$1424%Vacancy$1073%Maintenance$1424%Other$39111%

Investment Breakdown

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Purchase Price

$426k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$107k

Downpayment

20%

$85,140

Closing costs

1%

$4,257

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,558

Total Expenses

$4,326

Mortgage P&I

57%

$2,044

Property Taxes

26%

$924

Home Insurance

4%

$149

HOA

0%

$0

Property Management

12%

$427

CapEx

4%

$142

Vacancy

3%

$107

Maintenance

4%

$142

Other

11%

$391

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