REI Lense

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$2,896 (target)

1677 Melkerson Dr, Ontario, NY 14519

3 beds • 2 baths • 1778 sqft

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This property looks like a bad Long-Term investment with a projected -7.92% first-year return on $78,750 initial cash invested.

-7.92%

Cash On Cash

4.75%

Cap Rate

0.8

DSCR

$2,896

Rent

-$520

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,896 income − $3,416 expenses = $520 out of pocket

Income$2,896Out of Pocket$520Mortgage P&I$1,85864%Property Taxes$67323%Insurance$1315%Management$29010%CapEx$1455%Vacancy$1746%Maintenance$1455%

Investment Breakdown

|

Purchase Price

$375k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$78,750

Downpayment

20%

$75,000

Closing costs

1%

$3,750

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,896

Total Expenses

$3,416

Mortgage P&I

64%

$1,858

Property Taxes

23%

$673

Home Insurance

5%

$131

HOA

0%

$0

Property Management

10%

$290

CapEx

5%

$145

Vacancy

6%

$174

Maintenance

5%

$145

Other

0%

$0

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