REI Lense

REI Lense

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$2,288 (target)

41 First Avenue, Broadalbin, NY 12025

3 beds • 2 baths • 1830 sqft

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This property looks like a bad Long-Term investment with a projected -9.33% first-year return on $68,145 initial cash invested.

-9.33%

Cash On Cash

4.44%

Cap Rate

0.74

DSCR

$2,288

Rent

-$530

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,288 income − $2,818 expenses = $530 out of pocket

Income$2,288Out of Pocket$530Mortgage P&I$1,61671%Property Taxes$49222%Insurance$1165%Management$22910%CapEx$1145%Vacancy$1376%Maintenance$1145%

Investment Breakdown

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Purchase Price

$325k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,145

Downpayment

20%

$64,900

Closing costs

1%

$3,245

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,288

Total Expenses

$2,818

Mortgage P&I

71%

$1,616

Property Taxes

22%

$492

Home Insurance

5%

$116

HOA

0%

$0

Property Management

10%

$229

CapEx

5%

$114

Vacancy

6%

$137

Maintenance

5%

$114

Other

0%

$0

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