REI Lense

REI Lense

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$3,225 (target)

96-B Westside Drive, Ballston Lake, NY 12019

3 beds • 3 baths • 2625 sqft

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This property looks like a bad Long-Term investment with a projected -25.15% first-year return on $205k initial cash invested.

-25.15%

Cash On Cash

1.09%

Cap Rate

0.18

DSCR

$3,225

Rent

-$4,287

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,225 income − $7,512 expenses = $4,287 out of pocket

Income$3,225Out of Pocket$4,287Mortgage P&I$5,009155%Property Taxes$1,31541%Insurance$35011%Management$32210%CapEx$1615%Vacancy$1946%Maintenance$1615%

Investment Breakdown

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Purchase Price

$974k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$205k

Downpayment

20%

$195k

Closing costs

1%

$9,742

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,225

Total Expenses

$7,512

Mortgage P&I

155%

$5,009

Property Taxes

41%

$1,315

Home Insurance

11%

$350

HOA

0%

$0

Property Management

10%

$322

CapEx

5%

$161

Vacancy

6%

$194

Maintenance

5%

$161

Other

0%

$0

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