REI Lense

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$3,386 (target)

6110 Woodford Dr, Lake View, NY 14085

3 beds • 2 baths • 1312 sqft

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This property looks like a bad Mid-Term investment with a projected -3% first-year return on $88,791 initial cash invested.

-3%

Cash On Cash

5.98%

Cap Rate

0.95

DSCR

$3,386

Rent

-$222

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,386 income − $3,608 expenses = $222 out of pocket

Income$3,386Out of Pocket$222Mortgage P&I$1,76752%Property Taxes$55316%Insurance$1163%HOA$221%Management$40612%CapEx$1354%Vacancy$1023%Maintenance$1354%Other$37211%

Investment Breakdown

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Purchase Price

$337k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$88,791

Downpayment

20%

$67,420

Closing costs

1%

$3,371

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,386

Total Expenses

$3,608

Mortgage P&I

52%

$1,767

Property Taxes

16%

$553

Home Insurance

3%

$116

HOA

1%

$22

Property Management

12%

$406

CapEx

4%

$135

Vacancy

3%

$102

Maintenance

4%

$135

Other

11%

$372

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