REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,592 (target)

12 Rip Van Lane, Ballston Spa, NY 12020

3 beds • 2 baths • 2155 sqft

Email

This property looks like a bad Mid-Term investment with a projected -4.47% first-year return on $117k initial cash invested.

-4.47%

Cash On Cash

5.12%

Cap Rate

0.87

DSCR

$3,592

Rent

-$435

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,592 income − $4,027 expenses = $435 out of pocket

Income$3,592Out of Pocket$435Mortgage P&I$2,29664%Property Taxes$34510%Insurance$1645%Management$43112%CapEx$1444%Vacancy$1083%Maintenance$1444%Other$39511%

Investment Breakdown

|

Purchase Price

$470k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$117k

Downpayment

20%

$93,980

Closing costs

1%

$4,699

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,592

Total Expenses

$4,027

Mortgage P&I

64%

$2,296

Property Taxes

10%

$345

Home Insurance

5%

$164

HOA

0%

$0

Property Management

12%

$431

CapEx

4%

$144

Vacancy

3%

$108

Maintenance

4%

$144

Other

11%

$395

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis