REI Lense

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$2,994 (target)

133 Grove Avenue Ext, Auburn, NY 13021

3 beds • 2 baths • 1166 sqft

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This property might be a fair Mid-Term investment with a projected 1.68% first-year return on $72,222 initial cash invested.

1.68%

Cash On Cash

6.97%

Cap Rate

1.17

DSCR

$2,994

Rent

$101

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,994 income − $2,893 expenses = $101 cash flow

Income$2,994Mortgage P&I$1,27943%Property Taxes$50317%Insurance$933%Management$35912%CapEx$1204%Vacancy$903%Maintenance$1204%Other$32911%Cash Flow$101

Investment Breakdown

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Purchase Price

$258k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$72,222

Downpayment

20%

$51,640

Closing costs

1%

$2,582

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,994

Total Expenses

$2,893

Mortgage P&I

43%

$1,279

Property Taxes

17%

$503

Home Insurance

3%

$93

HOA

0%

$0

Property Management

12%

$359

CapEx

4%

$120

Vacancy

3%

$90

Maintenance

4%

$120

Other

11%

$329

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