REI Lense

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$2,657 (target)

642 County Route 42, Massena, NY 13662

3 beds • 4 baths • 0 sqft

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This property looks like a bad Long-Term investment with a projected -0.45% first-year return on $66,045 initial cash invested.

-0.45%

Cash On Cash

6.31%

Cap Rate

1.07

DSCR

$2,657

Rent

-$25

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,657 income − $2,682 expenses = $25 out of pocket

Income$2,657Out of Pocket$25Mortgage P&I$1,54658%Property Taxes$33513%Insurance$1104%Management$26610%CapEx$1335%Vacancy$1596%Maintenance$1335%

Investment Breakdown

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Purchase Price

$315k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$66,045

Downpayment

20%

$62,900

Closing costs

1%

$3,145

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,657

Total Expenses

$2,682

Mortgage P&I

58%

$1,546

Property Taxes

13%

$335

Home Insurance

4%

$110

HOA

0%

$0

Property Management

10%

$266

CapEx

5%

$133

Vacancy

6%

$159

Maintenance

5%

$133

Other

0%

$0

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