REI Lense

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$3,226 (target)

405 Starr Road, Ravena, NY 12143

3 beds • 2 baths • 1260 sqft

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This property looks like a bad Mid-Term investment with a projected -0.11% first-year return on $88,224 initial cash invested.

-0.11%

Cash On Cash

6.51%

Cap Rate

1.07

DSCR

$3,226

Rent

-$8

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,226 income − $3,234 expenses = $8 out of pocket

Income$3,226Out of Pocket$8Mortgage P&I$1,69453%Property Taxes$32410%Insurance$1194%Management$38712%CapEx$1294%Vacancy$973%Maintenance$1294%Other$35511%

Investment Breakdown

|

Purchase Price

$334k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$88,224

Downpayment

20%

$66,880

Closing costs

1%

$3,344

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,226

Total Expenses

$3,234

Mortgage P&I

53%

$1,694

Property Taxes

10%

$324

Home Insurance

4%

$119

HOA

0%

$0

Property Management

12%

$387

CapEx

4%

$129

Vacancy

3%

$97

Maintenance

4%

$129

Other

11%

$355

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