REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,691 (target)

61 Locust Ridge Drive, Corinth, NY 12822

3 beds • 2 baths • 1436 sqft

Email

This property looks like a bad Long-Term investment with a projected -4.87% first-year return on $71,988 initial cash invested.

-4.87%

Cash On Cash

5.64%

Cap Rate

0.91

DSCR

$2,691

Rent

-$292

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,691 income − $2,983 expenses = $292 out of pocket

Income$2,691Out of Pocket$292Mortgage P&I$1,76766%Property Taxes$39415%Insurance$1225%Management$26910%CapEx$1355%Vacancy$1616%Maintenance$1355%

Investment Breakdown

|

Purchase Price

$343k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$71,988

Downpayment

20%

$68,560

Closing costs

1%

$3,428

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,691

Total Expenses

$2,983

Mortgage P&I

66%

$1,767

Property Taxes

15%

$394

Home Insurance

5%

$122

HOA

0%

$0

Property Management

10%

$269

CapEx

5%

$135

Vacancy

6%

$161

Maintenance

5%

$135

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis