REI Lense

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$4,458 (target)

21 Timbira Drive, Gansevoort, NY 12831

3 beds • 3 baths • 1452 sqft

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This property looks like a bad Mid-Term investment with a projected -1.38% first-year return on $117k initial cash invested.

-1.38%

Cash On Cash

6.04%

Cap Rate

1.02

DSCR

$4,458

Rent

-$135

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,458 income − $4,593 expenses = $135 out of pocket

Income$4,458Out of Pocket$135Mortgage P&I$2,33952%Property Taxes$57313%Insurance$1664%Management$53512%CapEx$1784%Vacancy$1343%Maintenance$1784%Other$49011%

Investment Breakdown

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Purchase Price

$473k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$117k

Downpayment

20%

$94,660

Closing costs

1%

$4,733

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,458

Total Expenses

$4,593

Mortgage P&I

52%

$2,339

Property Taxes

13%

$573

Home Insurance

4%

$166

HOA

0%

$0

Property Management

12%

$535

CapEx

4%

$178

Vacancy

3%

$134

Maintenance

4%

$178

Other

11%

$490

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