REI Lense

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$4,228 (target)

6 Acorn Avenue, Rensselaer, NY 12144

3 beds • 3 baths • 1920 sqft

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This property might be a fair Mid-Term investment with a projected 3.14% first-year return on $96,246 initial cash invested.

3.14%

Cash On Cash

7.39%

Cap Rate

1.22

DSCR

$4,228

Rent

$252

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,228 income − $3,976 expenses = $252 cash flow

Income$4,228Mortgage P&I$1,87444%Property Taxes$53413%Insurance$1313%Management$50712%CapEx$1694%Vacancy$1273%Maintenance$1694%Other$46511%Cash Flow$252

Investment Breakdown

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Purchase Price

$373k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$96,246

Downpayment

20%

$74,520

Closing costs

1%

$3,726

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,228

Total Expenses

$3,976

Mortgage P&I

44%

$1,874

Property Taxes

13%

$534

Home Insurance

3%

$131

HOA

0%

$0

Property Management

12%

$507

CapEx

4%

$169

Vacancy

3%

$127

Maintenance

4%

$169

Other

11%

$465

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