REI Lense

REI Lense

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$3,290 (target)

1074 Main Street, Saugerties, NY 12477

3 beds • 2 baths • 890 sqft

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This property looks like a bad Long-Term investment with a projected -4.53% first-year return on $82,992 initial cash invested.

-4.53%

Cash On Cash

5.54%

Cap Rate

0.92

DSCR

$3,290

Rent

-$313

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,290 income − $3,603 expenses = $313 out of pocket

Income$3,290Out of Pocket$313Mortgage P&I$1,97260%Property Taxes$63719%Insurance$1404%Management$32910%CapEx$1645%Vacancy$1976%Maintenance$1645%

Investment Breakdown

|

Purchase Price

$395k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$82,992

Downpayment

20%

$79,040

Closing costs

1%

$3,952

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,290

Total Expenses

$3,603

Mortgage P&I

60%

$1,972

Property Taxes

19%

$637

Home Insurance

4%

$140

HOA

0%

$0

Property Management

10%

$329

CapEx

5%

$164

Vacancy

6%

$197

Maintenance

5%

$164

Other

0%

$0

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