REI Lense

REI Lense

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$2,273 (target)

31 Lausanne Lane, Lake Luzerne, NY 12846

3 beds • 2 baths • 1232 sqft

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This property looks like a bad Long-Term investment with a projected -7.34% first-year return on $68,376 initial cash invested.

-7.34%

Cash On Cash

4.85%

Cap Rate

0.81

DSCR

$2,273

Rent

-$418

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,273 income − $2,691 expenses = $418 out of pocket

Income$2,273Out of Pocket$418Mortgage P&I$1,62171%Property Taxes$36316%Insurance$1165%Management$22710%CapEx$1145%Vacancy$1366%Maintenance$1145%

Investment Breakdown

|

Purchase Price

$326k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,376

Downpayment

20%

$65,120

Closing costs

1%

$3,256

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,273

Total Expenses

$2,691

Mortgage P&I

71%

$1,621

Property Taxes

16%

$363

Home Insurance

5%

$116

HOA

0%

$0

Property Management

10%

$227

CapEx

5%

$114

Vacancy

6%

$136

Maintenance

5%

$114

Other

0%

$0

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