REI Lense

REI Lense

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$2,730 (target)

13 Tamian Pass, Ballston Lake, NY 12019

3 beds • 3 baths • 1707 sqft

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This property looks like a bad Long-Term investment with a projected -14.03% first-year return on $111k initial cash invested.

-14.03%

Cash On Cash

3.09%

Cap Rate

0.54

DSCR

$2,730

Rent

-$1,301

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$530k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$111k

Downpayment

20%

$106k

Closing costs

1%

$5,300

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,730

Total Expenses

$4,031

Mortgage P&I

93%

$2,531

Property Taxes

22%

$602

Home Insurance

7%

$189

HOA

0%

$0

Property Management

10%

$273

CapEx

5%

$136

Vacancy

6%

$164

Maintenance

5%

$136

Other

0%

$0

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