REI Lense

REI Lense

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$2,575 (target)

367 Closson Road, Glenville, NY 12302

3 beds • 2 baths • 1920 sqft

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This property looks like a bad Long-Term investment with a projected -8.56% first-year return on $68,586 initial cash invested.

-8.56%

Cash On Cash

4.64%

Cap Rate

0.78

DSCR

$2,575

Rent

-$489

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,575 income − $3,064 expenses = $489 out of pocket

Income$2,575Out of Pocket$489Mortgage P&I$1,62363%Property Taxes$65726%Insurance$1144%Management$25810%CapEx$1295%Vacancy$1546%Maintenance$1295%

Investment Breakdown

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Purchase Price

$327k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,586

Downpayment

20%

$65,320

Closing costs

1%

$3,266

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,575

Total Expenses

$3,064

Mortgage P&I

63%

$1,623

Property Taxes

26%

$657

Home Insurance

4%

$114

HOA

0%

$0

Property Management

10%

$258

CapEx

5%

$129

Vacancy

6%

$154

Maintenance

5%

$129

Other

0%

$0

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