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1 Terrace Dr, Canandaigua, NY 14424

3 beds • 3 baths • 2564 sqft

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This property looks like a bad Long-Term investment with a projected -17% first-year return on $135k initial cash invested.

-17%

Cash On Cash

2.65%

Cap Rate

0.45

DSCR

$3,351

Rent

-$1,919

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$645k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$135k

Downpayment

20%

$129k

Closing costs

1%

$6,450

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,351

Total Expenses

$5,270

Mortgage P&I

95%

$3,173

Property Taxes

14%

$459

Home Insurance

7%

$226

HOA

16%

$540

Property Management

10%

$335

CapEx

5%

$168

Vacancy

6%

$201

Maintenance

5%

$168

Other

0%

$0

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