REI Lense

REI Lense

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$2,861 (target)

124 Hathorn Boulevard, Saratoga Springs, NY 12866

3 beds • 2 baths • 1664 sqft

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This property looks like a bad Long-Term investment with a projected -5.79% first-year return on $82,005 initial cash invested.

-5.79%

Cash On Cash

5.38%

Cap Rate

0.87

DSCR

$2,861

Rent

-$396

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,861 income − $3,257 expenses = $396 out of pocket

Income$2,861Out of Pocket$396Mortgage P&I$2,00370%Property Taxes$37013%Insurance$1405%Management$28610%CapEx$1435%Vacancy$1726%Maintenance$1435%

Investment Breakdown

|

Purchase Price

$391k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$82,005

Downpayment

20%

$78,100

Closing costs

1%

$3,905

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,861

Total Expenses

$3,257

Mortgage P&I

70%

$2,003

Property Taxes

13%

$370

Home Insurance

5%

$140

HOA

0%

$0

Property Management

10%

$286

CapEx

5%

$143

Vacancy

6%

$172

Maintenance

5%

$143

Other

0%

$0

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