REI Lense

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$5,062 (target)

3 Tiiu Drive, New Paltz, NY 12561

3 beds • 2 baths • 1650 sqft

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This property might be a fair Mid-Term investment with a projected 0.38% first-year return on $118k initial cash invested.

0.38%

Cash On Cash

6.41%

Cap Rate

1.1

DSCR

$5,062

Rent

$37

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,062 income − $5,025 expenses = $37 cash flow

Income$5,062Mortgage P&I$2,31246%Property Taxes$83917%Insurance$1543%Management$60712%CapEx$2024%Vacancy$1523%Maintenance$2024%Other$55711%Cash Flow$37

Investment Breakdown

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Purchase Price

$478k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$118k

Downpayment

20%

$95,540

Closing costs

1%

$4,777

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$5,062

Total Expenses

$5,025

Mortgage P&I

46%

$2,312

Property Taxes

17%

$839

Home Insurance

3%

$154

HOA

0%

$0

Property Management

12%

$607

CapEx

4%

$202

Vacancy

3%

$152

Maintenance

4%

$202

Other

11%

$557

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