REI Lense

REI Lense

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$3,627 (target)

821 College Ter, Niagara Falls, NY 14305

3 beds • 3 baths • 2366 sqft

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This property looks like a bad Mid-Term investment with a projected -1.1% first-year return on $91,479 initial cash invested.

-1.1%

Cash On Cash

6.12%

Cap Rate

1.04

DSCR

$3,627

Rent

-$84

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,627 income − $3,711 expenses = $84 out of pocket

Income$3,627Out of Pocket$84Mortgage P&I$1,72448%Property Taxes$63217%Insurance$1223%Management$43512%CapEx$1454%Vacancy$1093%Maintenance$1454%Other$39911%

Investment Breakdown

|

Purchase Price

$350k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$91,479

Downpayment

20%

$69,980

Closing costs

1%

$3,499

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,627

Total Expenses

$3,711

Mortgage P&I

48%

$1,724

Property Taxes

17%

$632

Home Insurance

3%

$122

HOA

0%

$0

Property Management

12%

$435

CapEx

4%

$145

Vacancy

3%

$109

Maintenance

4%

$145

Other

11%

$399

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