REI Lense

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$4,212 (target)

106 Summit St, Fairport, NY 14450

3 beds • 2 baths • 1392 sqft

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This property might be a fair Mid-Term investment with a projected 9.23% first-year return on $80,979 initial cash invested.

9.23%

Cash On Cash

8.98%

Cap Rate

1.54

DSCR

$4,212

Rent

$623

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,212 income − $3,589 expenses = $623 cash flow

Income$4,212Mortgage P&I$1,45435%Property Taxes$60014%Insurance$1052%Management$50512%CapEx$1684%Vacancy$1263%Maintenance$1684%Other$46311%Cash Flow$623

Investment Breakdown

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Purchase Price

$300k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$80,979

Downpayment

20%

$59,980

Closing costs

1%

$2,999

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$4,212

Total Expenses

$3,589

Mortgage P&I

35%

$1,454

Property Taxes

14%

$600

Home Insurance

2%

$105

HOA

0%

$0

Property Management

12%

$505

CapEx

4%

$168

Vacancy

3%

$126

Maintenance

4%

$168

Other

11%

$463

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