REI Lense

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$3,807 (target)

31 Oakwood Place, Delmar, NY 12054

3 beds • 2 baths • 1358 sqft

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This property might be a fair Mid-Term investment with a projected 1.85% first-year return on $92,760 initial cash invested.

1.85%

Cash On Cash

6.94%

Cap Rate

1.17

DSCR

$3,807

Rent

$143

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,807 income − $3,664 expenses = $143 cash flow

Income$3,807Mortgage P&I$1,76446%Property Taxes$48513%Insurance$1213%Management$45712%CapEx$1524%Vacancy$1143%Maintenance$1524%Other$41911%Cash Flow$143

Investment Breakdown

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Purchase Price

$356k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$92,760

Downpayment

20%

$71,200

Closing costs

1%

$3,560

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,807

Total Expenses

$3,664

Mortgage P&I

46%

$1,764

Property Taxes

13%

$485

Home Insurance

3%

$121

HOA

0%

$0

Property Management

12%

$457

CapEx

4%

$152

Vacancy

3%

$114

Maintenance

4%

$152

Other

11%

$419

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