REI Lense

REI Lense

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$3,231 (target)

323 Oakridge Drive, Schenectady, NY 12306

3 beds • 2 baths • 1226 sqft

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This property looks like a bad Mid-Term investment with a projected 0% first-year return on $90,324 initial cash invested.

0%

Cash On Cash

6.3%

Cap Rate

1.08

DSCR

$3,231

Rent

$0

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,231 income − $3,231 expenses = $0 cash flow

Income$3,231Mortgage P&I$1,67952%Property Taxes$33210%Insurance$1224%Management$38812%CapEx$1294%Vacancy$973%Maintenance$1294%Other$35511%

Investment Breakdown

|

Purchase Price

$344k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$90,324

Downpayment

20%

$68,880

Closing costs

1%

$3,444

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,231

Total Expenses

$3,231

Mortgage P&I

52%

$1,679

Property Taxes

10%

$332

Home Insurance

4%

$122

HOA

0%

$0

Property Management

12%

$388

CapEx

4%

$129

Vacancy

3%

$97

Maintenance

4%

$129

Other

11%

$355

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