REI Lense

REI Lense

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$2,325 (target)

4 Denise Court, Rensselaer, NY 12144

3 beds • 2 baths • 1386 sqft

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This property looks like a bad Long-Term investment with a projected -9.55% first-year return on $70,350 initial cash invested.

-9.55%

Cash On Cash

4.37%

Cap Rate

0.73

DSCR

$2,325

Rent

-$560

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,325 income − $2,885 expenses = $560 out of pocket

Income$2,325Out of Pocket$560Mortgage P&I$1,66472%Property Taxes$51222%Insurance$1055%Management$23210%CapEx$1165%Vacancy$1406%Maintenance$1165%

Investment Breakdown

|

Purchase Price

$335k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$70,350

Downpayment

20%

$67,000

Closing costs

1%

$3,350

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,325

Total Expenses

$2,885

Mortgage P&I

72%

$1,664

Property Taxes

22%

$512

Home Insurance

5%

$105

HOA

0%

$0

Property Management

10%

$232

CapEx

5%

$116

Vacancy

6%

$140

Maintenance

5%

$116

Other

0%

$0

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