REI Lense

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$3,994 (target)

15 Lyons Avenue, Delmar, NY 12054

3 beds • 3 baths • 1779 sqft

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This property looks like a bad Mid-Term investment with a projected -7.83% first-year return on $126k initial cash invested.

-7.83%

Cash On Cash

4.41%

Cap Rate

0.74

DSCR

$3,994

Rent

-$821

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,994 income − $4,815 expenses = $821 out of pocket

Income$3,994Out of Pocket$821Mortgage P&I$2,54864%Property Taxes$72518%Insurance$1845%Management$47912%CapEx$1604%Vacancy$1203%Maintenance$1604%Other$43911%

Investment Breakdown

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Purchase Price

$513k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$126k

Downpayment

20%

$103k

Closing costs

1%

$5,131

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,994

Total Expenses

$4,815

Mortgage P&I

64%

$2,548

Property Taxes

18%

$725

Home Insurance

5%

$184

HOA

0%

$0

Property Management

12%

$479

CapEx

4%

$160

Vacancy

3%

$120

Maintenance

4%

$160

Other

11%

$439

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