REI Lense

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$1,680 (target)

3 Meadow Dr, Massena, NY 13662

3 beds • 2 baths • 0 sqft

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This property looks like a bad Long-Term investment with a projected -8.49% first-year return on $50,190 initial cash invested.

-8.49%

Cash On Cash

4.63%

Cap Rate

0.77

DSCR

$1,680

Rent

-$355

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,680 income − $2,035 expenses = $355 out of pocket

Income$1,680Out of Pocket$355Mortgage P&I$1,19371%Property Taxes$32119%Insurance$845%Management$16810%CapEx$845%Vacancy$1016%Maintenance$845%

Investment Breakdown

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Purchase Price

$239k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$50,190

Downpayment

20%

$47,800

Closing costs

1%

$2,390

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,680

Total Expenses

$2,035

Mortgage P&I

71%

$1,193

Property Taxes

19%

$321

Home Insurance

5%

$84

HOA

0%

$0

Property Management

10%

$168

CapEx

5%

$84

Vacancy

6%

$101

Maintenance

5%

$84

Other

0%

$0

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