REI Lense

REI Lense

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$2,075 (target)

2120 Ridge Rd, Ontario, NY 14519

3 beds • 2 baths • 1950 sqft

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This property might be a fair Long-Term investment with a projected 3.9% first-year return on $42,126 initial cash invested.

3.9%

Cash On Cash

7.74%

Cap Rate

1.23

DSCR

$2,075

Rent

$137

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,075 income − $1,938 expenses = $137 cash flow

Income$2,075Mortgage P&I$1,05351%Property Taxes$28514%Insurance$603%Management$20810%CapEx$1045%Vacancy$1246%Maintenance$1045%Cash Flow$137

Investment Breakdown

|

Purchase Price

$201k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$42,126

Downpayment

20%

$40,120

Closing costs

1%

$2,006

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,075

Total Expenses

$1,938

Mortgage P&I

51%

$1,053

Property Taxes

14%

$285

Home Insurance

3%

$60

HOA

0%

$0

Property Management

10%

$208

CapEx

5%

$104

Vacancy

6%

$124

Maintenance

5%

$104

Other

0%

$0

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