REI Lense

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$2,402 (target)

9 Newell Ave, Lancaster, NY 14086

3 beds • 2 baths • 1704 sqft

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This property looks like a bad Mid-Term investment with a projected -3.81% first-year return on $70,269 initial cash invested.

-3.81%

Cash On Cash

5.89%

Cap Rate

0.91

DSCR

$2,402

Rent

-$223

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,402 income − $2,625 expenses = $223 out of pocket

Income$2,402Out of Pocket$223Mortgage P&I$1,34856%Property Taxes$37015%Insurance$914%Management$28812%CapEx$964%Vacancy$723%Maintenance$964%Other$26411%

Investment Breakdown

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Purchase Price

$249k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$70,269

Downpayment

20%

$49,780

Closing costs

1%

$2,489

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,402

Total Expenses

$2,625

Mortgage P&I

56%

$1,348

Property Taxes

15%

$370

Home Insurance

4%

$91

HOA

0%

$0

Property Management

12%

$288

CapEx

4%

$96

Vacancy

3%

$72

Maintenance

4%

$96

Other

11%

$264

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