REI Lense

REI Lense

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$4,496 (target)

605 Plummer Road, Ballston Spa, NY 12020

3 beds • 3 baths • 1924 sqft

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This property looks like a bad Mid-Term investment with a projected -4.42% first-year return on $136k initial cash invested.

-4.42%

Cash On Cash

5.18%

Cap Rate

0.88

DSCR

$4,496

Rent

-$499

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,496 income − $4,995 expenses = $499 out of pocket

Income$4,496Out of Pocket$499Mortgage P&I$2,73661%Property Taxes$53312%Insurance$1964%Management$54012%CapEx$1804%Vacancy$1353%Maintenance$1804%Other$49511%

Investment Breakdown

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Purchase Price

$560k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$136k

Downpayment

20%

$112k

Closing costs

1%

$5,600

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,496

Total Expenses

$4,995

Mortgage P&I

61%

$2,736

Property Taxes

12%

$533

Home Insurance

4%

$196

HOA

0%

$0

Property Management

12%

$540

CapEx

4%

$180

Vacancy

3%

$135

Maintenance

4%

$180

Other

11%

$495

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