REI Lense

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$3,106 (target)

296 Voorhees Road, Amsterdam, NY 12010

3 beds • 2 baths • 1664 sqft

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This property looks like a bad Mid-Term investment with a projected -1.26% first-year return on $80,958 initial cash invested.

-1.26%

Cash On Cash

6.17%

Cap Rate

1.03

DSCR

$3,106

Rent

-$85

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,106 income − $3,191 expenses = $85 out of pocket

Income$3,106Out of Pocket$85Mortgage P&I$1,50248%Property Taxes$52817%Insurance$1053%Management$37312%CapEx$1244%Vacancy$933%Maintenance$1244%Other$34211%

Investment Breakdown

|

Purchase Price

$300k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$80,958

Downpayment

20%

$59,960

Closing costs

1%

$2,998

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,106

Total Expenses

$3,191

Mortgage P&I

48%

$1,502

Property Taxes

17%

$528

Home Insurance

3%

$105

HOA

0%

$0

Property Management

12%

$373

CapEx

4%

$124

Vacancy

3%

$93

Maintenance

4%

$124

Other

11%

$342

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