REI Lense

REI Lense

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$3,702 (target)

7 Glen Court, Queensbury, NY 12804

3 beds • 2 baths • 2074 sqft

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This property looks like a bad Long-Term investment with a projected -2.32% first-year return on $94,248 initial cash invested.

-2.32%

Cash On Cash

5.92%

Cap Rate

1

DSCR

$3,702

Rent

-$182

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,702 income − $3,884 expenses = $182 out of pocket

Income$3,702Out of Pocket$182Mortgage P&I$2,21160%Property Taxes$55015%Insurance$1614%Management$37010%CapEx$1855%Vacancy$2226%Maintenance$1855%

Investment Breakdown

|

Purchase Price

$449k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$94,248

Downpayment

20%

$89,760

Closing costs

1%

$4,488

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,702

Total Expenses

$3,884

Mortgage P&I

60%

$2,211

Property Taxes

15%

$550

Home Insurance

4%

$161

HOA

0%

$0

Property Management

10%

$370

CapEx

5%

$185

Vacancy

6%

$222

Maintenance

5%

$185

Other

0%

$0

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