REI Lense

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$5,181 (target)

7 Frean St, Staten Island, NY 10304

3 beds • 2 baths • 990 sqft

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This property could be a profitable Mid-Term investment with a projected 15.54% first-year return on $94,650 initial cash invested.

15.54%

Cash On Cash

10.65%

Cap Rate

1.79

DSCR

$5,181

Rent

$1,226

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,181 income − $3,955 expenses = $1,226 cash flow

Income$5,181Mortgage P&I$1,80735%Property Taxes$2595%Insurance$1282%Management$62212%CapEx$2074%Vacancy$1553%Maintenance$2074%Other$57011%Cash Flow$1,226

Investment Breakdown

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Purchase Price

$365k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$94,650

Downpayment

20%

$73,000

Closing costs

1%

$3,650

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$5,181

Total Expenses

$3,955

Mortgage P&I

35%

$1,807

Property Taxes

5%

$259

Home Insurance

2%

$128

HOA

0%

$0

Property Management

12%

$622

CapEx

4%

$207

Vacancy

3%

$155

Maintenance

4%

$207

Other

11%

$570

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