REI Lense

REI Lense

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$2,784 (target)

11 Sweetbriar Lane, Queensbury, NY 12804

3 beds • 3 baths • 1584 sqft

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This property looks like a bad Long-Term investment with a projected -7.16% first-year return on $85,806 initial cash invested.

-7.16%

Cash On Cash

4.78%

Cap Rate

0.81

DSCR

$2,784

Rent

-$512

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,784 income − $3,296 expenses = $512 out of pocket

Income$2,784Out of Pocket$512Mortgage P&I$1,99972%Property Taxes$42715%Insurance$1475%Management$27810%CapEx$1395%Vacancy$1676%Maintenance$1395%

Investment Breakdown

|

Purchase Price

$409k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$85,806

Downpayment

20%

$81,720

Closing costs

1%

$4,086

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,784

Total Expenses

$3,296

Mortgage P&I

72%

$1,999

Property Taxes

15%

$427

Home Insurance

5%

$147

HOA

0%

$0

Property Management

10%

$278

CapEx

5%

$139

Vacancy

6%

$167

Maintenance

5%

$139

Other

0%

$0

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