REI Lense

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$2,520 (target)

3 Meadow Dr, Massena, NY 13662

3 beds • 2 baths • 0 sqft

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This property might be a fair Mid-Term investment with a projected 1.14% first-year return on $68,190 initial cash invested.

1.14%

Cash On Cash

6.82%

Cap Rate

1.14

DSCR

$2,520

Rent

$65

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,520 income − $2,455 expenses = $65 cash flow

Income$2,520Mortgage P&I$1,19347%Property Taxes$32113%Insurance$843%Management$30212%CapEx$1014%Vacancy$763%Maintenance$1014%Other$27711%Cash Flow$65

Investment Breakdown

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Purchase Price

$239k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,190

Downpayment

20%

$47,800

Closing costs

1%

$2,390

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,520

Total Expenses

$2,455

Mortgage P&I

47%

$1,193

Property Taxes

13%

$321

Home Insurance

3%

$84

HOA

0%

$0

Property Management

12%

$302

CapEx

4%

$101

Vacancy

3%

$76

Maintenance

4%

$101

Other

11%

$277

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