REI Lense

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$2,903 (target)

2 Avon Road, Delmar, NY 12054

3 beds • 2 baths • 1324 sqft

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This property looks like a bad Long-Term investment with a projected -8.89% first-year return on $86,163 initial cash invested.

-8.89%

Cash On Cash

4.46%

Cap Rate

0.76

DSCR

$2,903

Rent

-$638

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,903 income − $3,541 expenses = $638 out of pocket

Income$2,903Out of Pocket$638Mortgage P&I$2,01769%Property Taxes$62321%Insurance$1475%Management$29010%CapEx$1455%Vacancy$1746%Maintenance$1455%

Investment Breakdown

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Purchase Price

$410k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,163

Downpayment

20%

$82,060

Closing costs

1%

$4,103

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,903

Total Expenses

$3,541

Mortgage P&I

69%

$2,017

Property Taxes

21%

$623

Home Insurance

5%

$147

HOA

0%

$0

Property Management

10%

$290

CapEx

5%

$145

Vacancy

6%

$174

Maintenance

5%

$145

Other

0%

$0

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