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$3,885 (target)

199 Tompkins St, Cortland, NY 13045

3 beds • 2 baths • 1632 sqft

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This property could be a profitable Mid-Term investment with a projected 21.71% first-year return on $57,543 initial cash invested.

21.71%

Cash On Cash

13.85%

Cap Rate

2.22

DSCR

$3,885

Rent

$1,041

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,885 income − $2,844 expenses = $1,041 cash flow

Income$3,885Mortgage P&I$97725%Property Taxes$47912%Insurance$682%Management$46612%CapEx$1554%Vacancy$1173%Maintenance$1554%Other$42711%Cash Flow$1,041

Investment Breakdown

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Purchase Price

$188k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$57,543

Downpayment

20%

$37,660

Closing costs

1%

$1,883

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$3,885

Total Expenses

$2,844

Mortgage P&I

25%

$977

Property Taxes

12%

$479

Home Insurance

2%

$68

HOA

0%

$0

Property Management

12%

$466

CapEx

4%

$155

Vacancy

3%

$117

Maintenance

4%

$155

Other

11%

$427

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