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$4,185 (target)

1422 Payne Ave, North Tonawanda, NY 14120

3 beds • 4 baths • 1939 sqft

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This property might be a fair Mid-Term investment with a projected 9.79% first-year return on $82,995 initial cash invested.

9.79%

Cash On Cash

9.14%

Cap Rate

1.56

DSCR

$4,185

Rent

$677

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,185 income − $3,508 expenses = $677 cash flow

Income$4,185Mortgage P&I$1,51436%Property Taxes$46011%Insurance$1123%Management$50212%CapEx$1674%Vacancy$1263%Maintenance$1674%Other$46011%Cash Flow$677

Investment Breakdown

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Purchase Price

$310k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$82,995

Downpayment

20%

$61,900

Closing costs

1%

$3,095

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$4,185

Total Expenses

$3,508

Mortgage P&I

36%

$1,514

Property Taxes

11%

$460

Home Insurance

3%

$112

HOA

0%

$0

Property Management

12%

$502

CapEx

4%

$167

Vacancy

3%

$126

Maintenance

4%

$167

Other

11%

$460

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