REI Lense

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$3,032 (target)

3113 Lake Rd, Williamson, NY 14589

3 beds • 2 baths • 1728 sqft

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This property looks like a bad Mid-Term investment with a projected -15.76% first-year return on $127k initial cash invested.

-15.76%

Cash On Cash

2.45%

Cap Rate

0.41

DSCR

$3,032

Rent

-$1,664

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,032 income − $4,696 expenses = $1,664 out of pocket

Income$3,032Out of Pocket$1,664Mortgage P&I$2,60086%Property Taxes$87929%Insurance$1866%Management$36412%CapEx$1214%Vacancy$913%Maintenance$1214%Other$33411%

Investment Breakdown

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Purchase Price

$518k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$127k

Downpayment

20%

$104k

Closing costs

1%

$5,175

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,032

Total Expenses

$4,696

Mortgage P&I

86%

$2,600

Property Taxes

29%

$879

Home Insurance

6%

$186

HOA

0%

$0

Property Management

12%

$364

CapEx

4%

$121

Vacancy

3%

$91

Maintenance

4%

$121

Other

11%

$334

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