REI Lense

REI Lense

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$3,681 (target)

1150 Flatbush Road, Kingston, NY 12401

3 beds • 2 baths • 1959 sqft

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This property might be a fair Long-Term investment with a projected 3% first-year return on $77,490 initial cash invested.

3%

Cash On Cash

7.26%

Cap Rate

1.2

DSCR

$3,681

Rent

$194

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,681 income − $3,487 expenses = $194 cash flow

Income$3,681Mortgage P&I$1,85350%Property Taxes$54815%Insurance$1294%Management$36810%CapEx$1845%Vacancy$2216%Maintenance$1845%Cash Flow$194

Investment Breakdown

|

Purchase Price

$369k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$77,490

Downpayment

20%

$73,800

Closing costs

1%

$3,690

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,681

Total Expenses

$3,487

Mortgage P&I

50%

$1,853

Property Taxes

15%

$548

Home Insurance

4%

$129

HOA

0%

$0

Property Management

10%

$368

CapEx

5%

$184

Vacancy

6%

$221

Maintenance

5%

$184

Other

0%

$0

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