REI Lense

REI Lense

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$3,050 (target)

31 Ponderosa Drive, Halfmoon, NY 12065

3 beds • 3 baths • 2086 sqft

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This property looks like a bad Long-Term investment with a projected -8.88% first-year return on $99,057 initial cash invested.

-8.88%

Cash On Cash

4.47%

Cap Rate

0.75

DSCR

$3,050

Rent

-$733

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,050 income − $3,783 expenses = $733 out of pocket

Income$3,050Out of Pocket$733Mortgage P&I$2,33977%Property Taxes$48416%Insurance$1686%Management$30510%CapEx$1525%Vacancy$1836%Maintenance$1525%

Investment Breakdown

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Purchase Price

$472k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$99,057

Downpayment

20%

$94,340

Closing costs

1%

$4,717

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,050

Total Expenses

$3,783

Mortgage P&I

77%

$2,339

Property Taxes

16%

$484

Home Insurance

6%

$168

HOA

0%

$0

Property Management

10%

$305

CapEx

5%

$152

Vacancy

6%

$183

Maintenance

5%

$152

Other

0%

$0

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