REI Lense

REI Lense

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$3,384 (target)

15 Jack Drive, Mechanicville, NY 12118

3 beds • 3 baths • 2000 sqft

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This property looks like a bad Long-Term investment with a projected -12.94% first-year return on $125k initial cash invested.

-12.94%

Cash On Cash

3.47%

Cap Rate

0.59

DSCR

$3,384

Rent

-$1,353

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,384 income − $4,737 expenses = $1,353 out of pocket

Income$3,384Out of Pocket$1,353Mortgage P&I$2,91186%Property Taxes$73322%Insurance$2096%HOA$5Management$33810%CapEx$1695%Vacancy$2036%Maintenance$1695%

Investment Breakdown

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Purchase Price

$597k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$125k

Downpayment

20%

$119k

Closing costs

1%

$5,973

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,384

Total Expenses

$4,737

Mortgage P&I

86%

$2,911

Property Taxes

22%

$733

Home Insurance

6%

$209

HOA

0%

$5

Property Management

10%

$338

CapEx

5%

$169

Vacancy

6%

$203

Maintenance

5%

$169

Other

0%

$0

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