REI Lense

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$3,524 (target)

2 Scammell Ave, Auburn, NY 13021

3 beds • 2 baths • 1456 sqft

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This property might be a fair Mid-Term investment with a projected 0.11% first-year return on $85,053 initial cash invested.

0.11%

Cash On Cash

6.38%

Cap Rate

1.1

DSCR

$3,524

Rent

$8

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,524 income − $3,516 expenses = $8 cash flow

Income$3,524Mortgage P&I$1,54944%Property Taxes$65219%Insurance$1163%Management$42312%CapEx$1414%Vacancy$1063%Maintenance$1414%Other$38811%Cash Flow$8

Investment Breakdown

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Purchase Price

$319k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$85,053

Downpayment

20%

$63,860

Closing costs

1%

$3,193

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,524

Total Expenses

$3,516

Mortgage P&I

44%

$1,549

Property Taxes

19%

$652

Home Insurance

3%

$116

HOA

0%

$0

Property Management

12%

$423

CapEx

4%

$141

Vacancy

3%

$106

Maintenance

4%

$141

Other

11%

$388

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