REI Lense

REI Lense

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$1,671 (target)

349 Clark St, Auburn, NY 13021

3 beds • 2 baths • 1428 sqft

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This property might be a fair Long-Term investment with a projected 1.8% first-year return on $34,629 initial cash invested.

1.8%

Cash On Cash

7.08%

Cap Rate

1.16

DSCR

$1,671

Rent

$52

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,671 income − $1,619 expenses = $52 cash flow

Income$1,671Mortgage P&I$83750%Property Taxes$28917%Insurance$583%Management$16710%CapEx$845%Vacancy$1006%Maintenance$845%Cash Flow$52

Investment Breakdown

|

Purchase Price

$165k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$34,629

Downpayment

20%

$32,980

Closing costs

1%

$1,649

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,671

Total Expenses

$1,619

Mortgage P&I

50%

$837

Property Taxes

17%

$289

Home Insurance

3%

$58

HOA

0%

$0

Property Management

10%

$167

CapEx

5%

$84

Vacancy

6%

$100

Maintenance

5%

$84

Other

0%

$0

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