REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$4,335 (target)

116 Michaels Walk, Lancaster, NY 14086

3 beds • 2 baths • 1816 sqft

Email

This property looks like a bad Mid-Term investment with a projected -2.58% first-year return on $109k initial cash invested.

-2.58%

Cash On Cash

6.3%

Cap Rate

0.97

DSCR

$4,335

Rent

-$234

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,335 income − $4,569 expenses = $234 out of pocket

Income$4,335Out of Pocket$234Mortgage P&I$2,32654%Property Taxes$63415%Insurance$1363%Management$52012%CapEx$1734%Vacancy$1303%Maintenance$1734%Other$47711%

Investment Breakdown

|

Purchase Price

$432k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$109k

Downpayment

20%

$86,320

Closing costs

1%

$4,316

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,335

Total Expenses

$4,569

Mortgage P&I

54%

$2,326

Property Taxes

15%

$634

Home Insurance

3%

$136

HOA

0%

$0

Property Management

12%

$520

CapEx

4%

$173

Vacancy

3%

$130

Maintenance

4%

$173

Other

11%

$477

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis