REI Lense

REI Lense

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$2,528 (target)

284 Rowland Street, Ballston Spa, NY 12020

3 beds • 2 baths • 936 sqft

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This property looks like a bad Long-Term investment with a projected -0.79% first-year return on $66,612 initial cash invested.

-0.79%

Cash On Cash

6.25%

Cap Rate

1.05

DSCR

$2,528

Rent

-$44

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,528 income − $2,572 expenses = $44 out of pocket

Income$2,528Out of Pocket$44Mortgage P&I$1,56962%Property Taxes$2349%Insurance$1124%Management$25310%CapEx$1265%Vacancy$1526%Maintenance$1265%

Investment Breakdown

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Purchase Price

$317k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$66,612

Downpayment

20%

$63,440

Closing costs

1%

$3,172

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,528

Total Expenses

$2,572

Mortgage P&I

62%

$1,569

Property Taxes

9%

$234

Home Insurance

4%

$112

HOA

0%

$0

Property Management

10%

$253

CapEx

5%

$126

Vacancy

6%

$152

Maintenance

5%

$126

Other

0%

$0

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