REI Lense

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$2,878 (target)

3 Tomohawk Place, Johnstown, NY 12095

3 beds • 3 baths • 2328 sqft

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This property looks like a bad Long-Term investment with a projected -3.96% first-year return on $76,692 initial cash invested.

-3.96%

Cash On Cash

5.62%

Cap Rate

0.94

DSCR

$2,878

Rent

-$253

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,878 income − $3,131 expenses = $253 out of pocket

Income$2,878Out of Pocket$253Mortgage P&I$1,81963%Property Taxes$45816%Insurance$1054%Management$28810%CapEx$1445%Vacancy$1736%Maintenance$1445%

Investment Breakdown

|

Purchase Price

$365k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$76,692

Downpayment

20%

$73,040

Closing costs

1%

$3,652

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,878

Total Expenses

$3,131

Mortgage P&I

63%

$1,819

Property Taxes

16%

$458

Home Insurance

4%

$105

HOA

0%

$0

Property Management

10%

$288

CapEx

5%

$144

Vacancy

6%

$173

Maintenance

5%

$144

Other

0%

$0

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