REI Lense

REI Lense

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$3,803 (target)

3506 Main St, Stone Ridge, NY 12484

3 beds • 2 baths • 1813 sqft

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This property looks like a bad Long-Term investment with a projected -0.82% first-year return on $93,702 initial cash invested.

-0.82%

Cash On Cash

6.33%

Cap Rate

1.06

DSCR

$3,803

Rent

-$64

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,803 income − $3,867 expenses = $64 out of pocket

Income$3,803Out of Pocket$64Mortgage P&I$2,22759%Property Taxes$49513%Insurance$1574%Management$38010%CapEx$1905%Vacancy$2286%Maintenance$1905%

Investment Breakdown

|

Purchase Price

$446k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$93,702

Downpayment

20%

$89,240

Closing costs

1%

$4,462

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,803

Total Expenses

$3,867

Mortgage P&I

59%

$2,227

Property Taxes

13%

$495

Home Insurance

4%

$157

HOA

0%

$0

Property Management

10%

$380

CapEx

5%

$190

Vacancy

6%

$228

Maintenance

5%

$190

Other

0%

$0

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