REI Lense

REI Lense

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$2,359 (target)

33 Addoms St, Plattsburgh, NY 12901

3 beds • 2 baths • 2104 sqft

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This property looks like a bad Long-Term investment with a projected -15.12% first-year return on $68,964 initial cash invested.

-15.12%

Cash On Cash

3.26%

Cap Rate

0.54

DSCR

$2,359

Rent

-$869

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,359 income − $3,228 expenses = $869 out of pocket

Income$2,359Out of Pocket$869Mortgage P&I$1,64370%Property Taxes$85236%Insurance$1195%Management$23610%CapEx$1185%Vacancy$1426%Maintenance$1185%

Investment Breakdown

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Purchase Price

$328k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,964

Downpayment

20%

$65,680

Closing costs

1%

$3,284

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,359

Total Expenses

$3,228

Mortgage P&I

70%

$1,643

Property Taxes

36%

$852

Home Insurance

5%

$119

HOA

0%

$0

Property Management

10%

$236

CapEx

5%

$118

Vacancy

6%

$142

Maintenance

5%

$118

Other

0%

$0

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