REI Lense

REI Lense

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$3,626 (target)

4 Nicholas Drive, Albany, NY 12205

3 beds • 2 baths • 1210 sqft

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This property might be a fair Mid-Term investment with a projected 0.41% first-year return on $95,910 initial cash invested.

0.41%

Cash On Cash

6.52%

Cap Rate

1.1

DSCR

$3,626

Rent

$33

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,626 income − $3,593 expenses = $33 cash flow

Income$3,626Mortgage P&I$1,83751%Property Taxes$39211%Insurance$1314%Management$43512%CapEx$1454%Vacancy$1093%Maintenance$1454%Other$39911%Cash Flow$33

Investment Breakdown

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Purchase Price

$371k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$95,910

Downpayment

20%

$74,200

Closing costs

1%

$3,710

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,626

Total Expenses

$3,593

Mortgage P&I

51%

$1,837

Property Taxes

11%

$392

Home Insurance

4%

$131

HOA

0%

$0

Property Management

12%

$435

CapEx

4%

$145

Vacancy

3%

$109

Maintenance

4%

$145

Other

11%

$399

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