REI Lense

REI Lense

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$2,536 (target)

15 White Oak Ln, Fairport, NY 14450

3 beds • 2 baths • 1580 sqft

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This property looks like a bad Long-Term investment with a projected -11.15% first-year return on $87,297 initial cash invested.

-11.15%

Cash On Cash

3.97%

Cap Rate

0.67

DSCR

$2,536

Rent

-$811

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,536 income − $3,347 expenses = $811 out of pocket

Income$2,536Out of Pocket$811Mortgage P&I$2,05881%Property Taxes$50720%Insurance$1225%Management$25410%CapEx$1275%Vacancy$1526%Maintenance$1275%

Investment Breakdown

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Purchase Price

$416k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$87,297

Downpayment

20%

$83,140

Closing costs

1%

$4,157

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,536

Total Expenses

$3,347

Mortgage P&I

81%

$2,058

Property Taxes

20%

$507

Home Insurance

5%

$122

HOA

0%

$0

Property Management

10%

$254

CapEx

5%

$127

Vacancy

6%

$152

Maintenance

5%

$127

Other

0%

$0

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