REI Lense

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$4,292 (target)

14 Smith Mountain Road, Lake Luzerne, NY 12846

3 beds • 3 baths • 1536 sqft

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This property looks like a bad Mid-Term investment with a projected -6.29% first-year return on $140k initial cash invested.

-6.29%

Cash On Cash

4.79%

Cap Rate

0.81

DSCR

$4,292

Rent

-$735

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,292 income − $5,027 expenses = $735 out of pocket

Income$4,292Out of Pocket$735Mortgage P&I$2,88867%Property Taxes$46911%Insurance$2105%Management$51512%CapEx$1724%Vacancy$1293%Maintenance$1724%Other$47211%

Investment Breakdown

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Purchase Price

$583k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$140k

Downpayment

20%

$117k

Closing costs

1%

$5,825

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,292

Total Expenses

$5,027

Mortgage P&I

67%

$2,888

Property Taxes

11%

$469

Home Insurance

5%

$210

HOA

0%

$0

Property Management

12%

$515

CapEx

4%

$172

Vacancy

3%

$129

Maintenance

4%

$172

Other

11%

$472

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