REI Lense

REI Lense

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$1,253 (target)

12 Malby Ave, Massena, NY 13662

3 beds • 2 baths • 0 sqft

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This property might be a fair Long-Term investment with a projected 5.76% first-year return on $24,990 initial cash invested.

5.76%

Cash On Cash

7.94%

Cap Rate

1.3

DSCR

$1,253

Rent

$120

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,253 income − $1,133 expenses = $120 cash flow

Income$1,253Mortgage P&I$60448%Property Taxes$16113%Insurance$423%Management$12510%CapEx$635%Vacancy$756%Maintenance$635%Cash Flow$120

Investment Breakdown

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Purchase Price

$119k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$24,990

Downpayment

20%

$23,800

Closing costs

1%

$1,190

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,253

Total Expenses

$1,133

Mortgage P&I

48%

$604

Property Taxes

13%

$161

Home Insurance

3%

$42

HOA

0%

$0

Property Management

10%

$125

CapEx

5%

$63

Vacancy

6%

$75

Maintenance

5%

$63

Other

0%

$0

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