REI Lense

REI Lense

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$3,145 (target)

10 E Branch Drive, Queensbury, NY 12804

3 beds • 3 baths • 1880 sqft

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This property looks like a bad Long-Term investment with a projected -5.7% first-year return on $86,058 initial cash invested.

-5.7%

Cash On Cash

4.97%

Cap Rate

0.87

DSCR

$3,145

Rent

-$409

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$410k

Downpayment

20.0%

Interest Rate

5.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,058

Downpayment

20%

$81,960

Closing costs

1%

$4,098

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,145

Total Expenses

$3,554

Mortgage P&I

62%

$1,948

Property Taxes

20%

$642

Home Insurance

5%

$147

HOA

0%

$0

Property Management

10%

$314

CapEx

5%

$157

Vacancy

6%

$189

Maintenance

5%

$157

Other

0%

$0

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