REI Lense

REI Lense

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$2,998 (target)

215 Summit Ave, West Seneca, NY 14224

3 beds • 3 baths • 2004 sqft

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This property looks like a bad Mid-Term investment with a projected -2.52% first-year return on $80,979 initial cash invested.

-2.52%

Cash On Cash

5.75%

Cap Rate

0.97

DSCR

$2,998

Rent

-$170

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,998 income − $3,168 expenses = $170 out of pocket

Income$2,998Out of Pocket$170Mortgage P&I$1,48750%Property Taxes$55619%Insurance$1054%Management$36012%CapEx$1204%Vacancy$903%Maintenance$1204%Other$33011%

Investment Breakdown

|

Purchase Price

$300k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$80,979

Downpayment

20%

$59,980

Closing costs

1%

$2,999

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,998

Total Expenses

$3,168

Mortgage P&I

50%

$1,487

Property Taxes

19%

$556

Home Insurance

4%

$105

HOA

0%

$0

Property Management

12%

$360

CapEx

4%

$120

Vacancy

3%

$90

Maintenance

4%

$120

Other

11%

$330

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