REI Lense

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$1,712 (target)

19 Frederick Rd, Binghamton, NY 13901

3 beds • 2 baths • 1633 sqft

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This property looks like a bad Long-Term investment with a projected -11.19% first-year return on $49,350 initial cash invested.

-11.19%

Cash On Cash

4.18%

Cap Rate

0.69

DSCR

$1,712

Rent

-$460

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,712 income − $2,172 expenses = $460 out of pocket

Income$1,712Out of Pocket$460Mortgage P&I$1,19370%Property Taxes$45126%Insurance$825%Management$17110%CapEx$865%Vacancy$1036%Maintenance$865%

Investment Breakdown

|

Purchase Price

$235k

Downpayment

20.0%

Interest Rate

6.5%

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

$1,712

Total Expenses

$2,172

Mortgage P&I

70%

$1,193

Property Taxes

26%

$451

Home Insurance

5%

$82

HOA

0%

$0

Property Management

10%

$171

CapEx

5%

$86

Vacancy

6%

$103

Maintenance

5%

$86

Other

0%

$0

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