REI Lense

REI Lense

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$4,258 (target)

71 Harvest Rd, Fairport, NY 14450

3 beds • 2 baths • 1597 sqft

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This property might be a fair Mid-Term investment with a projected 9.37% first-year return on $80,979 initial cash invested.

9.37%

Cash On Cash

9.07%

Cap Rate

1.55

DSCR

$4,258

Rent

$632

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,258 income − $3,626 expenses = $632 cash flow

Income$4,258Mortgage P&I$1,46534%Property Taxes$60914%Insurance$1052%Management$51112%CapEx$1704%Vacancy$1283%Maintenance$1704%Other$46811%Cash Flow$632

Investment Breakdown

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Purchase Price

$300k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$80,979

Downpayment

20%

$59,980

Closing costs

1%

$2,999

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$4,258

Total Expenses

$3,626

Mortgage P&I

34%

$1,465

Property Taxes

14%

$609

Home Insurance

2%

$105

HOA

0%

$0

Property Management

12%

$511

CapEx

4%

$170

Vacancy

3%

$128

Maintenance

4%

$170

Other

11%

$468

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