REI Lense

REI Lense

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$2,505 (target)

42 Gretel Terrace, Ballston Lake, NY 12019

3 beds • 2 baths • 1867 sqft

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This property looks like a bad Long-Term investment with a projected -12.97% first-year return on $96,579 initial cash invested.

-12.97%

Cash On Cash

3.54%

Cap Rate

0.6

DSCR

$2,505

Rent

-$1,044

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,505 income − $3,549 expenses = $1,044 out of pocket

Income$2,505Out of Pocket$1,044Mortgage P&I$2,27791%Property Taxes$46118%Insurance$1616%Management$25010%CapEx$1255%Vacancy$1506%Maintenance$1255%

Investment Breakdown

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Purchase Price

$460k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$96,579

Downpayment

20%

$91,980

Closing costs

1%

$4,599

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,505

Total Expenses

$3,549

Mortgage P&I

91%

$2,277

Property Taxes

18%

$461

Home Insurance

6%

$161

HOA

0%

$0

Property Management

10%

$250

CapEx

5%

$125

Vacancy

6%

$150

Maintenance

5%

$125

Other

0%

$0

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