REI Lense

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$5,366 (target)

30-36 91st St, Flushing, NY 11369

3 beds • 2 baths • 1328 sqft

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This property looks like a bad Mid-Term investment with a projected -10.81% first-year return on $220k initial cash invested.

-10.81%

Cash On Cash

3.65%

Cap Rate

0.62

DSCR

$5,366

Rent

-$1,978

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,366 income − $7,344 expenses = $1,978 out of pocket

Income$5,366Out of Pocket$1,978Mortgage P&I$4,68487%Property Taxes$4949%Insurance$3416%Management$64412%CapEx$2154%Vacancy$1613%Maintenance$2154%Other$59011%

Investment Breakdown

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Purchase Price

$960k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$220k

Downpayment

20%

$192k

Closing costs

1%

$9,603

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$5,366

Total Expenses

$7,344

Mortgage P&I

87%

$4,684

Property Taxes

9%

$494

Home Insurance

6%

$341

HOA

0%

$0

Property Management

12%

$644

CapEx

4%

$215

Vacancy

3%

$161

Maintenance

4%

$215

Other

11%

$590

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