REI Lense

REI Lense

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$3,212 (target)

5 Decker Drive, Middletown, NY 10940

3 beds • 3 baths • 2481 sqft

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This property looks like a bad Long-Term investment with a projected -17.7% first-year return on $142k initial cash invested.

-17.7%

Cash On Cash

2.42%

Cap Rate

0.41

DSCR

$3,212

Rent

-$2,096

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,212 income − $5,308 expenses = $2,096 out of pocket

Income$3,212Out of Pocket$2,096Mortgage P&I$3,301103%Property Taxes$93529%Insurance$2367%Management$32110%CapEx$1615%Vacancy$1936%Maintenance$1615%

Investment Breakdown

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Purchase Price

$677k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$142k

Downpayment

20%

$135k

Closing costs

1%

$6,768

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,212

Total Expenses

$5,308

Mortgage P&I

103%

$3,301

Property Taxes

29%

$935

Home Insurance

7%

$236

HOA

0%

$0

Property Management

10%

$321

CapEx

5%

$161

Vacancy

6%

$193

Maintenance

5%

$161

Other

0%

$0

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