REI Lense

REI Lense

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$2,376 (target)

1130 Sanders Road, Glenville, NY 12302

3 beds • 2 baths • 1404 sqft

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This property looks like a bad Long-Term investment with a projected -8.57% first-year return on $69,279 initial cash invested.

-8.57%

Cash On Cash

4.59%

Cap Rate

0.77

DSCR

$2,376

Rent

-$495

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,376 income − $2,871 expenses = $495 out of pocket

Income$2,376Out of Pocket$495Mortgage P&I$1,63969%Property Taxes$51322%Insurance$1004%Management$23810%CapEx$1195%Vacancy$1436%Maintenance$1195%

Investment Breakdown

|

Purchase Price

$330k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$69,279

Downpayment

20%

$65,980

Closing costs

1%

$3,299

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,376

Total Expenses

$2,871

Mortgage P&I

69%

$1,639

Property Taxes

22%

$513

Home Insurance

4%

$100

HOA

0%

$0

Property Management

10%

$238

CapEx

5%

$119

Vacancy

6%

$143

Maintenance

5%

$119

Other

0%

$0

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