REI Lense

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$2,245 (target)

107 Spring Street, Catskill, NY 12414

3 beds • 2 baths • 1456 sqft

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This property looks like a bad Long-Term investment with a projected -9.08% first-year return on $75,873 initial cash invested.

-9.08%

Cash On Cash

4.42%

Cap Rate

0.74

DSCR

$2,245

Rent

-$574

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,245 income − $2,819 expenses = $574 out of pocket

Income$2,245Out of Pocket$574Mortgage P&I$1,79480%Property Taxes$34816%Insurance$944%Management$22410%CapEx$1125%Vacancy$1356%Maintenance$1125%

Investment Breakdown

|

Purchase Price

$361k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$75,873

Downpayment

20%

$72,260

Closing costs

1%

$3,613

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,245

Total Expenses

$2,819

Mortgage P&I

80%

$1,794

Property Taxes

16%

$348

Home Insurance

4%

$94

HOA

0%

$0

Property Management

10%

$224

CapEx

5%

$112

Vacancy

6%

$135

Maintenance

5%

$112

Other

0%

$0

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