REI Lense

REI Lense

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$3,844 (target)

22 Chapman Drive, Albany, NY 12203

3 beds • 2 baths • 1200 sqft

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This property might be a fair Mid-Term investment with a projected 5.27% first-year return on $87,405 initial cash invested.

5.27%

Cash On Cash

7.69%

Cap Rate

1.34

DSCR

$3,844

Rent

$384

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$331k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$87,405

Downpayment

20%

$66,100

Closing costs

1%

$3,305

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,844

Total Expenses

$3,460

Mortgage P&I

41%

$1,579

Property Taxes

12%

$458

Home Insurance

3%

$116

HOA

0%

$0

Property Management

12%

$461

CapEx

4%

$154

Vacancy

3%

$115

Maintenance

4%

$154

Other

11%

$423

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