REI Lense

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$3,196 (target)

16 Roosevelt Street, Albany, NY 12206

3 beds • 2 baths • 1609 sqft

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This property might be a fair Mid-Term investment with a projected 2.1% first-year return on $75,477 initial cash invested.

2.1%

Cash On Cash

7.08%

Cap Rate

1.19

DSCR

$3,196

Rent

$132

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,196 income − $3,064 expenses = $132 cash flow

Income$3,196Mortgage P&I$1,35542%Property Taxes$52316%Insurance$983%Management$38412%CapEx$1284%Vacancy$963%Maintenance$1284%Other$35211%Cash Flow$132

Investment Breakdown

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Purchase Price

$274k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$75,477

Downpayment

20%

$54,740

Closing costs

1%

$2,737

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,196

Total Expenses

$3,064

Mortgage P&I

42%

$1,355

Property Taxes

16%

$523

Home Insurance

3%

$98

HOA

0%

$0

Property Management

12%

$384

CapEx

4%

$128

Vacancy

3%

$96

Maintenance

4%

$128

Other

11%

$352

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