REI Lense

REI Lense

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$1,669 (target)

10 Brant Road, Johnstown, NY 12095

3 beds • 2 baths • 1058 sqft

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This property looks like a bad Long-Term investment with a projected -9.58% first-year return on $54,516 initial cash invested.

-9.58%

Cash On Cash

4.1%

Cap Rate

0.72

DSCR

$1,669

Rent

-$435

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,669 income − $2,104 expenses = $435 out of pocket

Income$1,669Out of Pocket$435Mortgage P&I$1,24074%Property Taxes$33820%Insurance$936%Management$16710%CapEx$835%Vacancy$1006%Maintenance$835%

Investment Breakdown

|

Purchase Price

$260k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$54,516

Downpayment

20%

$51,920

Closing costs

1%

$2,596

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,669

Total Expenses

$2,104

Mortgage P&I

74%

$1,240

Property Taxes

20%

$338

Home Insurance

6%

$93

HOA

0%

$0

Property Management

10%

$167

CapEx

5%

$83

Vacancy

6%

$100

Maintenance

5%

$83

Other

0%

$0

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