REI Lense

REI Lense

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$3,559 (target)

11 Thoroughbred Drive, Saratoga Springs, NY 12866

3 beds • 3 baths • 2252 sqft

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This property looks like a bad Long-Term investment with a projected -15.82% first-year return on $143k initial cash invested.

-15.82%

Cash On Cash

2.99%

Cap Rate

0.5

DSCR

$3,559

Rent

-$1,883

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,559 income − $5,442 expenses = $1,883 out of pocket

Income$3,559Out of Pocket$1,883Mortgage P&I$3,40096%Property Taxes$79022%Insurance$2457%HOA$812%Management$35610%CapEx$1785%Vacancy$2146%Maintenance$1785%

Investment Breakdown

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Purchase Price

$680k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$143k

Downpayment

20%

$136k

Closing costs

1%

$6,803

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,559

Total Expenses

$5,442

Mortgage P&I

96%

$3,400

Property Taxes

22%

$790

Home Insurance

7%

$245

HOA

2%

$81

Property Management

10%

$356

CapEx

5%

$178

Vacancy

6%

$214

Maintenance

5%

$178

Other

0%

$0

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