REI Lense

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$3,363 (target)

1 Turner Place, Albany, NY 12209

3 beds • 2 baths • 1188 sqft

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This property might be a fair Mid-Term investment with a projected 0.9% first-year return on $83,856 initial cash invested.

0.9%

Cash On Cash

6.94%

Cap Rate

1.12

DSCR

$3,363

Rent

$63

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,363 income − $3,300 expenses = $63 cash flow

Income$3,363Mortgage P&I$1,61648%Property Taxes$42913%Insurance$1103%Management$40412%CapEx$1354%Vacancy$1013%Maintenance$1354%Other$37011%Cash Flow$63

Investment Breakdown

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Purchase Price

$314k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$83,856

Downpayment

20%

$62,720

Closing costs

1%

$3,136

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,363

Total Expenses

$3,300

Mortgage P&I

48%

$1,616

Property Taxes

13%

$429

Home Insurance

3%

$110

HOA

0%

$0

Property Management

12%

$404

CapEx

4%

$135

Vacancy

3%

$101

Maintenance

4%

$135

Other

11%

$370

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