REI Lense

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$2,703 (target)

6275 Brownsville Rd, Farmington, NY 14425

3 beds • 3 baths • 2291 sqft

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This property looks like a bad Long-Term investment with a projected -7.58% first-year return on $78,876 initial cash invested.

-7.58%

Cash On Cash

4.83%

Cap Rate

0.81

DSCR

$2,703

Rent

-$498

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,703 income − $3,201 expenses = $498 out of pocket

Income$2,703Out of Pocket$498Mortgage P&I$1,87569%Property Taxes$52219%Insurance$1024%Management$27010%CapEx$1355%Vacancy$1626%Maintenance$1355%

Investment Breakdown

|

Purchase Price

$376k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$78,876

Downpayment

20%

$75,120

Closing costs

1%

$3,756

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,703

Total Expenses

$3,201

Mortgage P&I

69%

$1,875

Property Taxes

19%

$522

Home Insurance

4%

$102

HOA

0%

$0

Property Management

10%

$270

CapEx

5%

$135

Vacancy

6%

$162

Maintenance

5%

$135

Other

0%

$0

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