REI Lense

REI Lense

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$2,538 (target)

31 Oakwood Place, Delmar, NY 12054

3 beds • 2 baths • 1358 sqft

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This property looks like a bad Long-Term investment with a projected -7.9% first-year return on $74,760 initial cash invested.

-7.9%

Cash On Cash

4.72%

Cap Rate

0.79

DSCR

$2,538

Rent

-$492

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,538 income − $3,030 expenses = $492 out of pocket

Income$2,538Out of Pocket$492Mortgage P&I$1,76470%Property Taxes$48519%Insurance$1215%Management$25410%CapEx$1275%Vacancy$1526%Maintenance$1275%

Investment Breakdown

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Purchase Price

$356k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$74,760

Downpayment

20%

$71,200

Closing costs

1%

$3,560

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,538

Total Expenses

$3,030

Mortgage P&I

70%

$1,764

Property Taxes

19%

$485

Home Insurance

5%

$121

HOA

0%

$0

Property Management

10%

$254

CapEx

5%

$127

Vacancy

6%

$152

Maintenance

5%

$127

Other

0%

$0

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