REI Lense

REI Lense

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$1,894 (target)

2411 3rd Avenue, Watervliet, NY 12189

3 beds • 2 baths • 1265 sqft

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This property looks like a bad Long-Term investment with a projected -0.32% first-year return on $44,772 initial cash invested.

-0.32%

Cash On Cash

6.84%

Cap Rate

1.07

DSCR

$1,894

Rent

-$12

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,894 income − $1,906 expenses = $12 out of pocket

Income$1,894Out of Pocket$12Mortgage P&I$1,13360%Property Taxes$19810%Insurance$824%Management$18910%CapEx$955%Vacancy$1146%Maintenance$955%

Investment Breakdown

|

Purchase Price

$213k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$44,772

Downpayment

20%

$42,640

Closing costs

1%

$2,132

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,894

Total Expenses

$1,906

Mortgage P&I

60%

$1,133

Property Taxes

10%

$198

Home Insurance

4%

$82

HOA

0%

$0

Property Management

10%

$189

CapEx

5%

$95

Vacancy

6%

$114

Maintenance

5%

$95

Other

0%

$0

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