REI Lense

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$3,792 (target)

47 Merilina Avenue, Kingston, NY 12401

3 beds • 2 baths • 1644 sqft

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This property looks like a bad Long-Term investment with a projected -12.19% first-year return on $125k initial cash invested.

-12.19%

Cash On Cash

3.71%

Cap Rate

0.63

DSCR

$3,792

Rent

-$1,268

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,792 income − $5,060 expenses = $1,268 out of pocket

Income$3,792Out of Pocket$1,268Mortgage P&I$2,91677%Property Taxes$94225%Insurance$2156%Management$37910%CapEx$1905%Vacancy$2286%Maintenance$1905%

Investment Breakdown

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Purchase Price

$595k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$125k

Downpayment

20%

$119k

Closing costs

1%

$5,946

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,792

Total Expenses

$5,060

Mortgage P&I

77%

$2,916

Property Taxes

25%

$942

Home Insurance

6%

$215

HOA

0%

$0

Property Management

10%

$379

CapEx

5%

$190

Vacancy

6%

$228

Maintenance

5%

$190

Other

0%

$0

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