REI Lense

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$3,600 (target)

38 Meagan Loop, Staten Island, NY 10307

3 beds • 4 baths • 2160 sqft

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This property looks like a bad Long-Term investment with a projected -18.31% first-year return on $197k initial cash invested.

-18.31%

Cash On Cash

2.22%

Cap Rate

0.38

DSCR

$3,600

Rent

-$3,012

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,600 income − $6,612 expenses = $3,012 out of pocket

Income$3,600Out of Pocket$3,012Mortgage P&I$4,573127%Property Taxes$72920%Insurance$3329%HOA$421%Management$36010%CapEx$1805%Vacancy$2166%Maintenance$1805%

Investment Breakdown

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Purchase Price

$940k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$197k

Downpayment

20%

$188k

Closing costs

1%

$9,398

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,600

Total Expenses

$6,612

Mortgage P&I

127%

$4,573

Property Taxes

20%

$729

Home Insurance

9%

$332

HOA

1%

$42

Property Management

10%

$360

CapEx

5%

$180

Vacancy

6%

$216

Maintenance

5%

$180

Other

0%

$0

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