REI Lense

REI Lense

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$2,667 (target)

295 Victor Rd, Fairport, NY 14450

3 beds • 2 baths • 1628 sqft

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This property looks like a bad Long-Term investment with a projected -2.07% first-year return on $63,903 initial cash invested.

-2.07%

Cash On Cash

6.18%

Cap Rate

1.01

DSCR

$2,667

Rent

-$110

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,667 income − $2,777 expenses = $110 out of pocket

Income$2,667Out of Pocket$110Mortgage P&I$1,54558%Property Taxes$45117%Insurance$883%Management$26710%CapEx$1335%Vacancy$1606%Maintenance$1335%

Investment Breakdown

|

Purchase Price

$304k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$63,903

Downpayment

20%

$60,860

Closing costs

1%

$3,043

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,667

Total Expenses

$2,777

Mortgage P&I

58%

$1,545

Property Taxes

17%

$451

Home Insurance

3%

$88

HOA

0%

$0

Property Management

10%

$267

CapEx

5%

$133

Vacancy

6%

$160

Maintenance

5%

$133

Other

0%

$0

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