REI Lense

REI Lense

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$3,215 (target)

19 Old Winding Ln, Fairport, NY 14450

3 beds • 3 baths • 1705 sqft

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This property looks like a bad Long-Term investment with a projected -9.89% first-year return on $91,644 initial cash invested.

-9.89%

Cash On Cash

4.45%

Cap Rate

0.73

DSCR

$3,215

Rent

-$755

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,215 income − $3,970 expenses = $755 out of pocket

Income$3,215Out of Pocket$755Mortgage P&I$2,21269%Property Taxes$76324%Insurance$1585%Management$32210%CapEx$1615%Vacancy$1936%Maintenance$1615%

Investment Breakdown

|

Purchase Price

$436k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$91,644

Downpayment

20%

$87,280

Closing costs

1%

$4,364

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,215

Total Expenses

$3,970

Mortgage P&I

69%

$2,212

Property Taxes

24%

$763

Home Insurance

5%

$158

HOA

0%

$0

Property Management

10%

$322

CapEx

5%

$161

Vacancy

6%

$193

Maintenance

5%

$161

Other

0%

$0

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