REI Lense

REI Lense

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$4,392 (target)

86 Farber Ln, Amherst, NY 14221

3 beds • 2 baths • 1536 sqft

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This property might be a fair Mid-Term investment with a projected 5.16% first-year return on $91,815 initial cash invested.

5.16%

Cash On Cash

7.89%

Cap Rate

1.33

DSCR

$4,392

Rent

$395

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,392 income − $3,997 expenses = $395 cash flow

Income$4,392Mortgage P&I$1,73940%Property Taxes$66115%Insurance$1032%Management$52712%CapEx$1764%Vacancy$1323%Maintenance$1764%Other$48311%Cash Flow$395

Investment Breakdown

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Purchase Price

$352k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$91,815

Downpayment

20%

$70,300

Closing costs

1%

$3,515

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,392

Total Expenses

$3,997

Mortgage P&I

40%

$1,739

Property Taxes

15%

$661

Home Insurance

2%

$103

HOA

0%

$0

Property Management

12%

$527

CapEx

4%

$176

Vacancy

3%

$132

Maintenance

4%

$176

Other

11%

$483

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