REI Lense

REI Lense

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$2,257 (target)

1560 3rd Street, Rensselaer, NY 12144

3 beds • 2 baths • 1440 sqft

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This property might be a fair Long-Term investment with a projected 3.97% first-year return on $47,187 initial cash invested.

3.97%

Cash On Cash

7.66%

Cap Rate

1.23

DSCR

$2,257

Rent

$156

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,257 income − $2,101 expenses = $156 cash flow

Income$2,257Mortgage P&I$1,16652%Property Taxes$31314%Insurance$352%Management$22610%CapEx$1135%Vacancy$1356%Maintenance$1135%Cash Flow$156

Investment Breakdown

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Purchase Price

$225k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$47,187

Downpayment

20%

$44,940

Closing costs

1%

$2,247

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,257

Total Expenses

$2,101

Mortgage P&I

52%

$1,166

Property Taxes

14%

$313

Home Insurance

2%

$35

HOA

0%

$0

Property Management

10%

$226

CapEx

5%

$113

Vacancy

6%

$135

Maintenance

5%

$113

Other

0%

$0

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