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$4,804 (target)

187 Tompkins St, Cortland, NY 13045

3 beds • 2 baths • 1792 sqft

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This property could be a profitable Mid-Term investment with a projected 38.22% first-year return on $55,506 initial cash invested.

38.22%

Cash On Cash

19.26%

Cap Rate

3.16

DSCR

$4,804

Rent

$1,768

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,804 income − $3,036 expenses = $1,768 cash flow

Income$4,804Mortgage P&I$90719%Property Taxes$4339%Insurance$641%Management$57612%CapEx$1924%Vacancy$1443%Maintenance$1924%Other$52811%Cash Flow$1,768

Investment Breakdown

|

Purchase Price

$179k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$55,506

Downpayment

20%

$35,720

Closing costs

1%

$1,786

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$4,804

Total Expenses

$3,036

Mortgage P&I

19%

$907

Property Taxes

9%

$433

Home Insurance

1%

$64

HOA

0%

$0

Property Management

12%

$576

CapEx

4%

$192

Vacancy

3%

$144

Maintenance

4%

$192

Other

11%

$528

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