REI Lense

REI Lense

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$2,238 (target)

805 4th Avenue, Troy, NY 12182

3 beds • 2 baths • 1582 sqft

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This property could be a profitable Long-Term investment with a projected 13.93% first-year return on $34,629 initial cash invested.

13.93%

Cash On Cash

9.94%

Cap Rate

1.6

DSCR

$2,238

Rent

$402

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,238 income − $1,836 expenses = $402 cash flow

Income$2,238Mortgage P&I$85238%Property Taxes$34415%Insurance$583%Management$22410%CapEx$1125%Vacancy$1346%Maintenance$1125%Cash Flow$402

Investment Breakdown

|

Purchase Price

$165k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$34,629

Downpayment

20%

$32,980

Closing costs

1%

$1,649

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,238

Total Expenses

$1,836

Mortgage P&I

38%

$852

Property Taxes

15%

$344

Home Insurance

3%

$58

HOA

0%

$0

Property Management

10%

$224

CapEx

5%

$112

Vacancy

6%

$134

Maintenance

5%

$112

Other

0%

$0

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