REI Lense

REI Lense

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$3,368 (target)

107 Spring Street, Catskill, NY 12414

3 beds • 2 baths • 1456 sqft

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This property looks like a bad Mid-Term investment with a projected -0.17% first-year return on $93,873 initial cash invested.

-0.17%

Cash On Cash

6.36%

Cap Rate

1.07

DSCR

$3,368

Rent

-$13

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,368 income − $3,381 expenses = $13 out of pocket

Income$3,368Out of Pocket$13Mortgage P&I$1,79453%Property Taxes$34810%Insurance$943%Management$40412%CapEx$1354%Vacancy$1013%Maintenance$1354%Other$37011%

Investment Breakdown

|

Purchase Price

$361k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$93,873

Downpayment

20%

$72,260

Closing costs

1%

$3,613

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,368

Total Expenses

$3,381

Mortgage P&I

53%

$1,794

Property Taxes

10%

$348

Home Insurance

3%

$94

HOA

0%

$0

Property Management

12%

$404

CapEx

4%

$135

Vacancy

3%

$101

Maintenance

4%

$135

Other

11%

$370

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