REI Lense

REI Lense

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$2,585 (target)

18 Herber Avenue, Delmar, NY 12054

3 beds • 2 baths • 1364 sqft

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This property looks like a bad Long-Term investment with a projected -7.76% first-year return on $80,262 initial cash invested.

-7.76%

Cash On Cash

4.67%

Cap Rate

0.79

DSCR

$2,585

Rent

-$519

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,585 income − $3,104 expenses = $519 out of pocket

Income$2,585Out of Pocket$519Mortgage P&I$1,87873%Property Taxes$41716%Insurance$1385%Management$25810%CapEx$1295%Vacancy$1556%Maintenance$1295%

Investment Breakdown

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Purchase Price

$382k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$80,262

Downpayment

20%

$76,440

Closing costs

1%

$3,822

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,585

Total Expenses

$3,104

Mortgage P&I

73%

$1,878

Property Taxes

16%

$417

Home Insurance

5%

$138

HOA

0%

$0

Property Management

10%

$258

CapEx

5%

$129

Vacancy

6%

$155

Maintenance

5%

$129

Other

0%

$0

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