REI Lense

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$4,082 (target)

12 Drummond St, Auburn, NY 13021

3 beds • 2 baths • 1580 sqft

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This property might be a fair Mid-Term investment with a projected 7.43% first-year return on $84,843 initial cash invested.

7.43%

Cash On Cash

8.52%

Cap Rate

1.44

DSCR

$4,082

Rent

$525

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,082 income − $3,557 expenses = $525 cash flow

Income$4,082Mortgage P&I$1,57339%Property Taxes$48212%Insurance$1153%Management$49012%CapEx$1634%Vacancy$1223%Maintenance$1634%Other$44911%Cash Flow$525

Investment Breakdown

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Purchase Price

$318k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$84,843

Downpayment

20%

$63,660

Closing costs

1%

$3,183

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$4,082

Total Expenses

$3,557

Mortgage P&I

39%

$1,573

Property Taxes

12%

$482

Home Insurance

3%

$115

HOA

0%

$0

Property Management

12%

$490

CapEx

4%

$163

Vacancy

3%

$122

Maintenance

4%

$163

Other

11%

$449

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