REI Lense

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$5,116 (target)

905 Ridgeview Circle, Castleton, NY 12033

3 beds • 3 baths • 2233 sqft

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This property looks like a bad Mid-Term investment with a projected -3.81% first-year return on $127k initial cash invested.

-3.81%

Cash On Cash

5.48%

Cap Rate

0.92

DSCR

$5,116

Rent

-$404

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,116 income − $5,520 expenses = $404 out of pocket

Income$5,116Out of Pocket$404Mortgage P&I$2,57150%Property Taxes$1,02120%Insurance$1834%HOA$5Management$61412%CapEx$2054%Vacancy$1533%Maintenance$2054%Other$56311%

Investment Breakdown

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Purchase Price

$520k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$127k

Downpayment

20%

$104k

Closing costs

1%

$5,197

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$5,116

Total Expenses

$5,520

Mortgage P&I

50%

$2,571

Property Taxes

20%

$1,021

Home Insurance

4%

$183

HOA

0%

$5

Property Management

12%

$614

CapEx

4%

$205

Vacancy

3%

$153

Maintenance

4%

$205

Other

11%

$563

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