REI Lense

REI Lense

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$1,779 (target)

312 Lewis St, Syracuse, NY 13204

3 beds • 2 baths • 1152 sqft

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This property might be a fair Long-Term investment with a projected 1.44% first-year return on $34,923 initial cash invested.

1.44%

Cash On Cash

7.04%

Cap Rate

1.16

DSCR

$1,779

Rent

$42

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,779 income − $1,737 expenses = $42 cash flow

Income$1,779Mortgage P&I$84447%Property Taxes$38121%Insurance$493%Management$17810%CapEx$895%Vacancy$1076%Maintenance$895%Cash Flow$42

Investment Breakdown

|

Purchase Price

$166k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$34,923

Downpayment

20%

$33,260

Closing costs

1%

$1,663

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,779

Total Expenses

$1,737

Mortgage P&I

47%

$844

Property Taxes

21%

$381

Home Insurance

3%

$49

HOA

0%

$0

Property Management

10%

$178

CapEx

5%

$89

Vacancy

6%

$107

Maintenance

5%

$89

Other

0%

$0

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