REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,205 (target)

956 Walden Pond Ln, Cortland, NY 13045

3 beds • 2 baths • 1630 sqft

Email

This property looks like a bad Long-Term investment with a projected -19.65% first-year return on $81,879 initial cash invested.

-19.65%

Cash On Cash

2.28%

Cap Rate

0.38

DSCR

$2,205

Rent

-$1,341

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,205 income − $3,546 expenses = $1,341 out of pocket

Income$2,205Out of Pocket$1,341Mortgage P&I$1,97289%Property Taxes$86239%Insurance$1366%HOA$4Management$22010%CapEx$1105%Vacancy$1326%Maintenance$1105%

Investment Breakdown

|

Purchase Price

$390k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$81,879

Downpayment

20%

$77,980

Closing costs

1%

$3,899

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,205

Total Expenses

$3,546

Mortgage P&I

89%

$1,972

Property Taxes

39%

$862

Home Insurance

6%

$136

HOA

0%

$4

Property Management

10%

$220

CapEx

5%

$110

Vacancy

6%

$132

Maintenance

5%

$110

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis