REI Lense

REI Lense

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$2,154 (target)

20 Tioga Ln, Plattsburgh, NY 12901

3 beds • 2 baths • 1189 sqft

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This property might be a fair Long-Term investment with a projected 0.3% first-year return on $52,080 initial cash invested.

0.3%

Cash On Cash

6.81%

Cap Rate

1.09

DSCR

$2,154

Rent

$13

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,154 income − $2,141 expenses = $13 cash flow

Income$2,154Mortgage P&I$1,28760%Property Taxes$20710%Insurance$874%Management$21510%CapEx$1085%Vacancy$1296%Maintenance$1085%Cash Flow$13

Investment Breakdown

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Purchase Price

$248k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$52,080

Downpayment

20%

$49,600

Closing costs

1%

$2,480

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,154

Total Expenses

$2,141

Mortgage P&I

60%

$1,287

Property Taxes

10%

$207

Home Insurance

4%

$87

HOA

0%

$0

Property Management

10%

$215

CapEx

5%

$108

Vacancy

6%

$129

Maintenance

5%

$108

Other

0%

$0

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