REI Lense

REI Lense

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$2,425 (target)

1410 River Road, Selkirk, NY 12158

3 beds • 2 baths • 1521 sqft

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This property might be a fair Long-Term investment with a projected 2.07% first-year return on $51,051 initial cash invested.

2.07%

Cash On Cash

7.12%

Cap Rate

1.17

DSCR

$2,425

Rent

$88

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,425 income − $2,337 expenses = $88 cash flow

Income$2,425Mortgage P&I$1,23451%Property Taxes$38816%Insurance$854%Management$24210%CapEx$1215%Vacancy$1466%Maintenance$1215%Cash Flow$88

Investment Breakdown

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Purchase Price

$243k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$51,051

Downpayment

20%

$48,620

Closing costs

1%

$2,431

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,425

Total Expenses

$2,337

Mortgage P&I

51%

$1,234

Property Taxes

16%

$388

Home Insurance

4%

$85

HOA

0%

$0

Property Management

10%

$242

CapEx

5%

$121

Vacancy

6%

$146

Maintenance

5%

$121

Other

0%

$0

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