REI Lense

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$3,300 (target)

6559 Furnace Rd, Ontario, NY 14519

3 beds • 4 baths • 1774 sqft

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This property looks like a bad Mid-Term investment with a projected -5.9% first-year return on $102k initial cash invested.

-5.9%

Cash On Cash

4.77%

Cap Rate

0.81

DSCR

$3,300

Rent

-$501

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,300 income − $3,801 expenses = $501 out of pocket

Income$3,300Out of Pocket$501Mortgage P&I$1,95759%Property Taxes$58218%Insurance$1404%Management$39612%CapEx$1324%Vacancy$993%Maintenance$1324%Other$36311%

Investment Breakdown

|

Purchase Price

$400k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$102k

Downpayment

20%

$79,980

Closing costs

1%

$3,999

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,300

Total Expenses

$3,801

Mortgage P&I

59%

$1,957

Property Taxes

18%

$582

Home Insurance

4%

$140

HOA

0%

$0

Property Management

12%

$396

CapEx

4%

$132

Vacancy

3%

$99

Maintenance

4%

$132

Other

11%

$363

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