REI Lense

REI Lense

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$2,347 (target)

1116 Belmont Dr, Farmington, NY 14425

3 beds • 2 baths • 1584 sqft

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This property looks like a bad Long-Term investment with a projected -16.22% first-year return on $79,170 initial cash invested.

-16.22%

Cash On Cash

3.33%

Cap Rate

0.52

DSCR

$2,347

Rent

-$1,070

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,347 income − $3,417 expenses = $1,070 out of pocket

Income$2,347Out of Pocket$1,070Mortgage P&I$1,99985%Property Taxes$67829%Insurance$1306%Management$23510%CapEx$1175%Vacancy$1416%Maintenance$1175%

Investment Breakdown

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Purchase Price

$377k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$79,170

Downpayment

20%

$75,400

Closing costs

1%

$3,770

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,347

Total Expenses

$3,417

Mortgage P&I

85%

$1,999

Property Taxes

29%

$678

Home Insurance

6%

$130

HOA

0%

$0

Property Management

10%

$235

CapEx

5%

$117

Vacancy

6%

$141

Maintenance

5%

$117

Other

0%

$0

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