REI Lense

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$3,982 (target)

121 Ramsey Place, Albany, NY 12209

3 beds • 2 baths • 1586 sqft

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This property might be a fair Mid-Term investment with a projected 3.55% first-year return on $87,300 initial cash invested.

3.55%

Cash On Cash

7.46%

Cap Rate

1.26

DSCR

$3,982

Rent

$258

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,982 income − $3,724 expenses = $258 cash flow

Income$3,982Mortgage P&I$1,63441%Property Taxes$62116%Insurance$1163%Management$47812%CapEx$1594%Vacancy$1193%Maintenance$1594%Other$43811%Cash Flow$258

Investment Breakdown

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Purchase Price

$330k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$87,300

Downpayment

20%

$66,000

Closing costs

1%

$3,300

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,982

Total Expenses

$3,724

Mortgage P&I

41%

$1,634

Property Taxes

16%

$621

Home Insurance

3%

$116

HOA

0%

$0

Property Management

12%

$478

CapEx

4%

$159

Vacancy

3%

$119

Maintenance

4%

$159

Other

11%

$438

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