REI Lense

REI Lense

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$1,720 (target)

24 Pine St, Massena, NY 13662

3 beds • 2 baths • 0 sqft

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This property could be a profitable Long-Term investment with a projected 13.49% first-year return on $25,788 initial cash invested.

13.49%

Cash On Cash

9.77%

Cap Rate

1.6

DSCR

$1,720

Rent

$290

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,720 income − $1,430 expenses = $290 cash flow

Income$1,720Mortgage P&I$62436%Property Taxes$31418%Insurance$453%Management$17210%CapEx$865%Vacancy$1036%Maintenance$865%Cash Flow$290

Investment Breakdown

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Purchase Price

$123k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$25,788

Downpayment

20%

$24,560

Closing costs

1%

$1,228

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,720

Total Expenses

$1,430

Mortgage P&I

36%

$624

Property Taxes

18%

$314

Home Insurance

3%

$45

HOA

0%

$0

Property Management

10%

$172

CapEx

5%

$86

Vacancy

6%

$103

Maintenance

5%

$86

Other

0%

$0

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