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20 Monroe St, Binghamton, NY 13904

4 beds • 2 baths • 1568 sqft • 2 units

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This property could be a profitable Long-Term investment with a projected 52.08% first-year return on $23,478 initial cash invested.

52.08%

Cash On Cash

18.44%

Cap Rate

3

DSCR

$2,520

Rent

$1,019

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,520 income − $1,501 expenses = $1,019 cash flow

Income$2,520Mortgage P&I$57323%Property Taxes$2349%Insurance$392%Management$25210%CapEx$1265%Vacancy$1516%Maintenance$1265%Cash Flow$1,019

Investment Breakdown

|

Purchase Price

$112k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$23,478

Downpayment

20%

$22,360

Closing costs

1%

$1,118

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,520

Total Expenses

$1,501

Mortgage P&I

23%

$573

Property Taxes

9%

$234

Home Insurance

2%

$39

HOA

0%

$0

Property Management

10%

$252

CapEx

5%

$126

Vacancy

6%

$151

Maintenance

5%

$126

Other

0%

$0

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Comparable Property

Rent

Beds

Baths

SQFT

Distance

97 Fairview Ave, Unit 2, Binghamton, NY 13904

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2

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4

2

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1.3 mi

1255 S Forest Knoll St

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2

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0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

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0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

Projection Charts

Investment Value YoY

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