REI Lense

REI Lense

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$1,940 (target)

1410 Knox St, Ogdensburg, NY 13669

3 beds • 2 baths • 0 sqft

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This property might be a fair Long-Term investment with a projected 0.57% first-year return on $37,800 initial cash invested.

0.57%

Cash On Cash

6.86%

Cap Rate

1.13

DSCR

$1,940

Rent

$18

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,940 income − $1,922 expenses = $18 cash flow

Income$1,940Mortgage P&I$91447%Property Taxes$43823%Insurance$663%Management$19410%CapEx$975%Vacancy$1166%Maintenance$975%Cash Flow$18

Investment Breakdown

|

Purchase Price

$180k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$37,800

Downpayment

20%

$36,000

Closing costs

1%

$1,800

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,940

Total Expenses

$1,922

Mortgage P&I

47%

$914

Property Taxes

23%

$438

Home Insurance

3%

$66

HOA

0%

$0

Property Management

10%

$194

CapEx

5%

$97

Vacancy

6%

$116

Maintenance

5%

$97

Other

0%

$0

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