REI Lense

REI Lense

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$2,942 (target)

5496 Hartford Dr, Lockport, NY 14094

3 beds • 3 baths • 2224 sqft

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This property looks like a bad Long-Term investment with a projected -11.65% first-year return on $90,972 initial cash invested.

-11.65%

Cash On Cash

3.83%

Cap Rate

0.65

DSCR

$2,942

Rent

-$883

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,942 income − $3,825 expenses = $883 out of pocket

Income$2,942Out of Pocket$883Mortgage P&I$2,11772%Property Taxes$78927%Insurance$1545%Management$29410%CapEx$1475%Vacancy$1776%Maintenance$1475%

Investment Breakdown

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Purchase Price

$433k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$90,972

Downpayment

20%

$86,640

Closing costs

1%

$4,332

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,942

Total Expenses

$3,825

Mortgage P&I

72%

$2,117

Property Taxes

27%

$789

Home Insurance

5%

$154

HOA

0%

$0

Property Management

10%

$294

CapEx

5%

$147

Vacancy

6%

$177

Maintenance

5%

$147

Other

0%

$0

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