REI Lense

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$3,040 (target)

2337 State Route 165, Cobleskill, NY 12043

3 beds • 2 baths • 980 sqft

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This property could be a profitable Mid-Term investment with a projected 27.39% first-year return on $47,757 initial cash invested.

27.39%

Cash On Cash

16.49%

Cap Rate

2.65

DSCR

$3,040

Rent

$1,090

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,040 income − $1,950 expenses = $1,090 cash flow

Income$3,040Mortgage P&I$73524%Property Taxes$1304%Insurance$512%Management$36512%CapEx$1224%Vacancy$913%Maintenance$1224%Other$33411%Cash Flow$1,090

Investment Breakdown

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Purchase Price

$142k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$47,757

Downpayment

20%

$28,340

Closing costs

1%

$1,417

Rehab

0%

$0

Furnishing

13%

$18,000

Cashflow

Total Income

$3,040

Total Expenses

$1,950

Mortgage P&I

24%

$735

Property Taxes

4%

$130

Home Insurance

2%

$51

HOA

0%

$0

Property Management

12%

$365

CapEx

4%

$122

Vacancy

3%

$91

Maintenance

4%

$122

Other

11%

$334

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