REI Lense

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$2,863 (target)

4112 County Road 18, Canandaigua, NY 14424

3 beds • 3 baths • 2052 sqft

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This property might be a fair Long-Term investment with a projected 0.93% first-year return on $67,305 initial cash invested.

0.93%

Cash On Cash

6.81%

Cap Rate

1.12

DSCR

$2,863

Rent

$52

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,863 income − $2,811 expenses = $52 cash flow

Income$2,863Mortgage P&I$1,62557%Property Taxes$32811%Insurance$1144%Management$28610%CapEx$1435%Vacancy$1726%Maintenance$1435%Cash Flow$52

Investment Breakdown

|

Purchase Price

$321k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$67,305

Downpayment

20%

$64,100

Closing costs

1%

$3,205

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,863

Total Expenses

$2,811

Mortgage P&I

57%

$1,625

Property Taxes

11%

$328

Home Insurance

4%

$114

HOA

0%

$0

Property Management

10%

$286

CapEx

5%

$143

Vacancy

6%

$172

Maintenance

5%

$143

Other

0%

$0

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