REI Lense

REI Lense

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$4,339 (target)

3660 Main Street, Stone Ridge, NY 12484

3 beds • 2 baths • 1452 sqft

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This property looks like a bad Long-Term investment with a projected -7.66% first-year return on $140k initial cash invested.

-7.66%

Cash On Cash

4.62%

Cap Rate

0.79

DSCR

$4,339

Rent

-$897

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,339 income − $5,236 expenses = $897 out of pocket

Income$4,339Out of Pocket$897Mortgage P&I$3,25575%Property Taxes$61014%Insurance$2436%Management$43410%CapEx$2175%Vacancy$2606%Maintenance$2175%

Investment Breakdown

|

Purchase Price

$669k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$140k

Downpayment

20%

$134k

Closing costs

1%

$6,690

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$4,339

Total Expenses

$5,236

Mortgage P&I

75%

$3,255

Property Taxes

14%

$610

Home Insurance

6%

$243

HOA

0%

$0

Property Management

10%

$434

CapEx

5%

$217

Vacancy

6%

$260

Maintenance

5%

$217

Other

0%

$0

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