REI Lense

REI Lense

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$3,475 (target)

45 Mint Meadow Dr, East Aurora, NY 14052

3 beds • 3 baths • 1540 sqft

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This property might be a fair Long-Term investment with a projected 0.21% first-year return on $81,942 initial cash invested.

0.21%

Cash On Cash

6.62%

Cap Rate

1.1

DSCR

$3,475

Rent

$14

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,475 income − $3,461 expenses = $14 cash flow

Income$3,475Mortgage P&I$1,96356%Property Taxes$45813%Insurance$1364%Management$34810%CapEx$1745%Vacancy$2086%Maintenance$1745%Cash Flow$14

Investment Breakdown

|

Purchase Price

$390k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$81,942

Downpayment

20%

$78,040

Closing costs

1%

$3,902

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,475

Total Expenses

$3,461

Mortgage P&I

56%

$1,963

Property Taxes

13%

$458

Home Insurance

4%

$136

HOA

0%

$0

Property Management

10%

$348

CapEx

5%

$174

Vacancy

6%

$208

Maintenance

5%

$174

Other

0%

$0

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