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$2,877 (target)

1084 Marsh Rd, Corning, NY 14830

3 beds • 2 baths • 1549 sqft

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This property could be a profitable Mid-Term investment with a projected 52.11% first-year return on $30,579 initial cash invested.

52.11%

Cash On Cash

35%

Cap Rate

5.75

DSCR

$2,877

Rent

$1,328

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,877 income − $1,549 expenses = $1,328 cash flow

Income$2,877Mortgage P&I$30411%Property Taxes$2479%Insurance$211%Management$34512%CapEx$1154%Vacancy$863%Maintenance$1154%Other$31611%Cash Flow$1,328

Investment Breakdown

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Purchase Price

$59,900

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$30,579

Downpayment

20%

$11,980

Closing costs

1%

$599

Rehab

0%

$0

Furnishing

30%

$18,000

Cashflow

Total Income

$2,877

Total Expenses

$1,549

Mortgage P&I

11%

$304

Property Taxes

9%

$247

Home Insurance

1%

$21

HOA

0%

$0

Property Management

12%

$345

CapEx

4%

$115

Vacancy

3%

$86

Maintenance

4%

$115

Other

11%

$316

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