REI Lense

REI Lense

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$5,253 (target)

60-39 Cooper Ave, Flushing, NY 11385

3 beds • 3 baths • 1266 sqft

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This property looks like a bad Mid-Term investment with a projected -12.24% first-year return on $216k initial cash invested.

-12.24%

Cash On Cash

3.4%

Cap Rate

0.57

DSCR

$5,253

Rent

-$2,199

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,253 income − $7,452 expenses = $2,199 out of pocket

Income$5,253Out of Pocket$2,199Mortgage P&I$4,65389%Property Taxes$68113%Insurance$3326%Management$63012%CapEx$2104%Vacancy$1583%Maintenance$2104%Other$57811%

Investment Breakdown

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Purchase Price

$941k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$216k

Downpayment

20%

$188k

Closing costs

1%

$9,409

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$5,253

Total Expenses

$7,452

Mortgage P&I

89%

$4,653

Property Taxes

13%

$681

Home Insurance

6%

$332

HOA

0%

$0

Property Management

12%

$630

CapEx

4%

$210

Vacancy

3%

$158

Maintenance

4%

$210

Other

11%

$578

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