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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 49.78% first-year return on $23,478 initial cash invested.

49.78%

Cash On Cash

17.92%

Cap Rate

2.91

DSCR

$2,460

Rent

$974

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,460 income − $1,486 expenses = $974 cash flow

Income$2,460Mortgage P&I$57323%Property Taxes$23410%Insurance$392%Management$24610%CapEx$1235%Vacancy$1486%Maintenance$1235%Cash Flow$974

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

$2,460

Total Expenses

$1,486

Mortgage P&I

23%

$573

Property Taxes

10%

$234

Home Insurance

2%

$39

HOA

0%

$0

Property Management

10%

$246

CapEx

5%

$123

Vacancy

6%

$148

Maintenance

5%

$123

Other

0%

$0

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Comparable Property

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Beds

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SQFT

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1.3 mi

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$2,850

5

4

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0.6 mi

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2

1

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0.9 mi

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$2,850

5

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0.6 mi

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$1,100

2

1

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0.9 mi

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$2,850

5

4

3030

0.6 mi

Projection Charts

Investment Value YoY

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