REI Lense

REI Lense

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$4,030 (target)

2983 Nancy Lane, Schenectady, NY 12303

3 beds • 2 baths • 1419 sqft

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This property could be a profitable Mid-Term investment with a projected 11.13% first-year return on $81,420 initial cash invested.

11.13%

Cash On Cash

9.38%

Cap Rate

1.63

DSCR

$4,030

Rent

$755

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$302k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$81,420

Downpayment

20%

$60,400

Closing costs

1%

$3,020

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$4,030

Total Expenses

$3,275

Mortgage P&I

36%

$1,445

Property Taxes

9%

$355

Home Insurance

3%

$105

HOA

0%

$0

Property Management

12%

$484

CapEx

4%

$161

Vacancy

3%

$121

Maintenance

4%

$161

Other

11%

$443

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