REI Lense

REI Lense

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$3,146 (target)

4 Pheasant Lane, Castleton, NY 12033

3 beds • 3 baths • 1320 sqft

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This property looks like a bad Mid-Term investment with a projected -3.03% first-year return on $89,190 initial cash invested.

-3.03%

Cash On Cash

5.45%

Cap Rate

0.94

DSCR

$3,146

Rent

-$225

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,146 income − $3,371 expenses = $225 out of pocket

Income$3,146Out of Pocket$225Mortgage P&I$1,64052%Property Taxes$54217%Insurance$1194%Management$37812%CapEx$1264%Vacancy$943%Maintenance$1264%Other$34611%

Investment Breakdown

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Purchase Price

$339k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$89,190

Downpayment

20%

$67,800

Closing costs

1%

$3,390

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,146

Total Expenses

$3,371

Mortgage P&I

52%

$1,640

Property Taxes

17%

$542

Home Insurance

4%

$119

HOA

0%

$0

Property Management

12%

$378

CapEx

4%

$126

Vacancy

3%

$94

Maintenance

4%

$126

Other

11%

$346

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