REI Lense

REI Lense

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$2,130 (target)

816 Willis Ave, Syracuse, NY 13204

3 beds • 2 baths • 1448 sqft

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This property could be a profitable Long-Term investment with a projected 25.01% first-year return on $27,636 initial cash invested.

25.01%

Cash On Cash

12.31%

Cap Rate

2.02

DSCR

$2,130

Rent

$576

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,130 income − $1,554 expenses = $576 cash flow

Income$2,130Mortgage P&I$66831%Property Taxes$27713%Insurance$563%Management$21310%CapEx$1065%Vacancy$1286%Maintenance$1065%Cash Flow$576

Investment Breakdown

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Purchase Price

$132k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$27,636

Downpayment

20%

$26,320

Closing costs

1%

$1,316

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,130

Total Expenses

$1,554

Mortgage P&I

31%

$668

Property Taxes

13%

$277

Home Insurance

3%

$56

HOA

0%

$0

Property Management

10%

$213

CapEx

5%

$106

Vacancy

6%

$128

Maintenance

5%

$106

Other

0%

$0

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