REI Lense

REI Lense

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$3,211 (target)

84 Regency Dr, Grand Island, NY 14072

3 beds • 3 baths • 2064 sqft

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This property looks like a bad Long-Term investment with a projected -4.84% first-year return on $85,491 initial cash invested.

-4.84%

Cash On Cash

5.45%

Cap Rate

0.91

DSCR

$3,211

Rent

-$345

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,211 income − $3,556 expenses = $345 out of pocket

Income$3,211Out of Pocket$345Mortgage P&I$2,03263%Property Taxes$54417%Insurance$1444%Management$32110%CapEx$1615%Vacancy$1936%Maintenance$1615%

Investment Breakdown

|

Purchase Price

$407k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$85,491

Downpayment

20%

$81,420

Closing costs

1%

$4,071

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,211

Total Expenses

$3,556

Mortgage P&I

63%

$2,032

Property Taxes

17%

$544

Home Insurance

4%

$144

HOA

0%

$0

Property Management

10%

$321

CapEx

5%

$161

Vacancy

6%

$193

Maintenance

5%

$161

Other

0%

$0

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