REI Lense

REI Lense

Unlock all features! Tap here to upgrade

115 E 1st St, Corning, NY 14830

3 beds • 2 baths • 2917 sqft

Email

This property looks like a bad Airbnb investment with a projected -13.47% first-year return on $68,799 initial cash invested.

-13.47%

Cash On Cash

2.68%

Cap Rate

0.44

DSCR

$2,111

Rent

-$772

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,111 income − $2,883 expenses = $772 out of pocket

Income$2,111Out of Pocket$772Mortgage P&I$1,22858%Property Taxes$57727%Insurance$653%Management$31715%CapEx$844%Maintenance$844%Other$52825%

Investment Breakdown

|

Purchase Price

$242k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,799

Downpayment

20%

$48,380

Closing costs

1%

$2,419

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,111

Total Expenses

$2,883

Mortgage P&I

58%

$1,228

Property Taxes

27%

$577

Home Insurance

3%

$65

HOA

0%

$0

Property Management

15%

$317

CapEx

4%

$84

Vacancy

0%

$0

Maintenance

4%

$84

Other

25%

$528

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis