REI Lense

REI Lense

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$2,944 (target)

62 Green Island Avenue, Latham, NY 12110

3 beds • 2 baths • 1576 sqft

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This property looks like a bad Long-Term investment with a projected -4.11% first-year return on $84,294 initial cash invested.

-4.11%

Cash On Cash

5.5%

Cap Rate

0.93

DSCR

$2,944

Rent

-$289

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,944 income − $3,233 expenses = $289 out of pocket

Income$2,944Out of Pocket$289Mortgage P&I$1,98367%Property Taxes$34512%Insurance$1405%Management$29410%CapEx$1475%Vacancy$1776%Maintenance$1475%

Investment Breakdown

|

Purchase Price

$401k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$84,294

Downpayment

20%

$80,280

Closing costs

1%

$4,014

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,944

Total Expenses

$3,233

Mortgage P&I

67%

$1,983

Property Taxes

12%

$345

Home Insurance

5%

$140

HOA

0%

$0

Property Management

10%

$294

CapEx

5%

$147

Vacancy

6%

$177

Maintenance

5%

$147

Other

0%

$0

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