REI Lense

REI Lense

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$1,901 (target)

402 Pine St, Ogdensburg, NY 13669

3 beds • 2 baths • 1504 sqft

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This property could be a profitable Long-Term investment with a projected 17.46% first-year return on $25,494 initial cash invested.

17.46%

Cash On Cash

10.7%

Cap Rate

1.76

DSCR

$1,901

Rent

$371

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,901 income − $1,530 expenses = $371 cash flow

Income$1,901Mortgage P&I$61632%Property Taxes$36419%Insurance$563%Management$19010%CapEx$955%Vacancy$1146%Maintenance$955%Cash Flow$371

Investment Breakdown

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Purchase Price

$121k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$25,494

Downpayment

20%

$24,280

Closing costs

1%

$1,214

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,901

Total Expenses

$1,530

Mortgage P&I

32%

$616

Property Taxes

19%

$364

Home Insurance

3%

$56

HOA

0%

$0

Property Management

10%

$190

CapEx

5%

$95

Vacancy

6%

$114

Maintenance

5%

$95

Other

0%

$0

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