REI Lense

REI Lense

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$4,538 (target)

2 Cedar Lane, Saugerties, NY 12477

3 beds • 2 baths • 1356 sqft

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This property might be a fair Mid-Term investment with a projected 6.77% first-year return on $94,650 initial cash invested.

6.77%

Cash On Cash

8.28%

Cap Rate

1.4

DSCR

$4,538

Rent

$534

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,538 income − $4,004 expenses = $534 cash flow

Income$4,538Mortgage P&I$1,80440%Property Taxes$52812%Insurance$1283%Management$54512%CapEx$1824%Vacancy$1363%Maintenance$1824%Other$49911%Cash Flow$534

Investment Breakdown

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Purchase Price

$365k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$94,650

Downpayment

20%

$73,000

Closing costs

1%

$3,650

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,538

Total Expenses

$4,004

Mortgage P&I

40%

$1,804

Property Taxes

12%

$528

Home Insurance

3%

$128

HOA

0%

$0

Property Management

12%

$545

CapEx

4%

$182

Vacancy

3%

$136

Maintenance

4%

$182

Other

11%

$499

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