REI Lense

REI Lense

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$2,647 (target)

3580 River Road, Rensselaer, NY 12144

3 beds • 2 baths • 1767 sqft

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This property looks like a bad Long-Term investment with a projected -9.12% first-year return on $81,228 initial cash invested.

-9.12%

Cash On Cash

4.46%

Cap Rate

0.75

DSCR

$2,647

Rent

-$617

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,647 income − $3,264 expenses = $617 out of pocket

Income$2,647Out of Pocket$617Mortgage P&I$1,92273%Property Taxes$52120%Insurance$1335%Management$26510%CapEx$1325%Vacancy$1596%Maintenance$1325%

Investment Breakdown

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Purchase Price

$387k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$81,228

Downpayment

20%

$77,360

Closing costs

1%

$3,868

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,647

Total Expenses

$3,264

Mortgage P&I

73%

$1,922

Property Taxes

20%

$521

Home Insurance

5%

$133

HOA

0%

$0

Property Management

10%

$265

CapEx

5%

$132

Vacancy

6%

$159

Maintenance

5%

$132

Other

0%

$0

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