REI Lense

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$3,427 (target)

5313 State Highway 37, Malone, NY 12953

3 beds • 4 baths • 1950 sqft

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This property might be a fair Long-Term investment with a projected 4.72% first-year return on $68,628 initial cash invested.

4.72%

Cash On Cash

7.57%

Cap Rate

1.27

DSCR

$3,427

Rent

$270

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,427 income − $3,157 expenses = $270 cash flow

Income$3,427Mortgage P&I$1,62047%Property Taxes$52715%Insurance$1193%Management$34310%CapEx$1715%Vacancy$2066%Maintenance$1715%Cash Flow$270

Investment Breakdown

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Purchase Price

$327k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,628

Downpayment

20%

$65,360

Closing costs

1%

$3,268

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,427

Total Expenses

$3,157

Mortgage P&I

47%

$1,620

Property Taxes

15%

$527

Home Insurance

3%

$119

HOA

0%

$0

Property Management

10%

$343

CapEx

5%

$171

Vacancy

6%

$206

Maintenance

5%

$171

Other

0%

$0

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