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$1,835 (target)

1537 W Church St, Elmira, NY 14905

3 beds • 2 baths • 1806 sqft

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This property looks like a bad Long-Term investment with a projected -8.27% first-year return on $49,350 initial cash invested.

-8.27%

Cash On Cash

4.96%

Cap Rate

0.8

DSCR

$1,835

Rent

-$340

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,835 income − $2,175 expenses = $340 out of pocket

Income$1,835Out of Pocket$340Mortgage P&I$1,21966%Property Taxes$39622%Insurance$824%Management$18410%CapEx$925%Vacancy$1106%Maintenance$925%

Investment Breakdown

|

Purchase Price

$235k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$49,350

Downpayment

20%

$47,000

Closing costs

1%

$2,350

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,835

Total Expenses

$2,175

Mortgage P&I

66%

$1,219

Property Taxes

22%

$396

Home Insurance

4%

$82

HOA

0%

$0

Property Management

10%

$184

CapEx

5%

$92

Vacancy

6%

$110

Maintenance

5%

$92

Other

0%

$0

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