REI Lense

REI Lense

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$4,208 (target)

215 Washington Avenue, Scotia, NY 12302

3 beds • 2 baths • 1664 sqft

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This property might be a fair Mid-Term investment with a projected 4.26% first-year return on $88,707 initial cash invested.

4.26%

Cash On Cash

7.82%

Cap Rate

1.28

DSCR

$4,208

Rent

$315

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,208 income − $3,893 expenses = $315 cash flow

Income$4,208Mortgage P&I$1,71041%Property Taxes$67416%Insurance$792%Management$50512%CapEx$1684%Vacancy$1263%Maintenance$1684%Other$46311%Cash Flow$315

Investment Breakdown

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Purchase Price

$337k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$88,707

Downpayment

20%

$67,340

Closing costs

1%

$3,367

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,208

Total Expenses

$3,893

Mortgage P&I

41%

$1,710

Property Taxes

16%

$674

Home Insurance

2%

$79

HOA

0%

$0

Property Management

12%

$505

CapEx

4%

$168

Vacancy

3%

$126

Maintenance

4%

$168

Other

11%

$463

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