REI Lense

REI Lense

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$3,538 (target)

1033 Eastern Avenue, Schenectady, NY 12308

3 beds • 3 baths • 2020 sqft

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This property might be a fair Mid-Term investment with a projected 5.01% first-year return on $76,695 initial cash invested.

5.01%

Cash On Cash

8.22%

Cap Rate

1.32

DSCR

$3,538

Rent

$320

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,538 income − $3,218 expenses = $320 cash flow

Income$3,538Mortgage P&I$1,45241%Property Taxes$46213%Insurance$1003%Management$42512%CapEx$1424%Vacancy$1063%Maintenance$1424%Other$38911%Cash Flow$320

Investment Breakdown

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Purchase Price

$280k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$76,695

Downpayment

20%

$55,900

Closing costs

1%

$2,795

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,538

Total Expenses

$3,218

Mortgage P&I

41%

$1,452

Property Taxes

13%

$462

Home Insurance

3%

$100

HOA

0%

$0

Property Management

12%

$425

CapEx

4%

$142

Vacancy

3%

$106

Maintenance

4%

$142

Other

11%

$389

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