REI Lense

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$1,889 (target)

5 Highland Ave, Massena, NY 13662

3 beds • 2 baths • 1476 sqft

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This property might be a fair Long-Term investment with a projected 6.81% first-year return on $32,403 initial cash invested.

6.81%

Cash On Cash

8.25%

Cap Rate

1.36

DSCR

$1,889

Rent

$184

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,889 income − $1,705 expenses = $184 cash flow

Income$1,889Mortgage P&I$78341%Property Taxes$37420%Insurance$583%Management$18910%CapEx$945%Vacancy$1136%Maintenance$945%Cash Flow$184

Investment Breakdown

|

Purchase Price

$154k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$32,403

Downpayment

20%

$30,860

Closing costs

1%

$1,543

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,889

Total Expenses

$1,705

Mortgage P&I

41%

$783

Property Taxes

20%

$374

Home Insurance

3%

$58

HOA

0%

$0

Property Management

10%

$189

CapEx

5%

$94

Vacancy

6%

$113

Maintenance

5%

$94

Other

0%

$0

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