REI Lense

REI Lense

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$1,438 (target)

70 Howard Ave, Jamestown, NY 14701

3 beds • 2 baths • 1720 sqft

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This property looks like a bad Long-Term investment with a projected -10.98% first-year return on $41,979 initial cash invested.

-10.98%

Cash On Cash

4.22%

Cap Rate

0.69

DSCR

$1,438

Rent

-$384

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,438 income − $1,822 expenses = $384 out of pocket

Income$1,438Out of Pocket$384Mortgage P&I$1,01571%Property Taxes$36325%Insurance$705%Management$14410%CapEx$725%Vacancy$866%Maintenance$725%

Investment Breakdown

|

Purchase Price

$200k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$41,979

Downpayment

20%

$39,980

Closing costs

1%

$1,999

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,438

Total Expenses

$1,822

Mortgage P&I

71%

$1,015

Property Taxes

25%

$363

Home Insurance

5%

$70

HOA

0%

$0

Property Management

10%

$144

CapEx

5%

$72

Vacancy

6%

$86

Maintenance

5%

$72

Other

0%

$0

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