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$3,182 (target)

207 Pearl St, Corning, NY 14830

3 beds • 2 baths • 1620 sqft

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This property could be a profitable Mid-Term investment with a projected 28.1% first-year return on $44,544 initial cash invested.

28.1%

Cash On Cash

17.2%

Cap Rate

2.82

DSCR

$3,182

Rent

$1,043

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,182 income − $2,139 expenses = $1,043 cash flow

Income$3,182Mortgage P&I$64220%Property Taxes$37012%Insurance$461%Management$38212%CapEx$1274%Vacancy$953%Maintenance$1274%Other$35011%Cash Flow$1,043

Investment Breakdown

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Purchase Price

$126k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$44,544

Downpayment

20%

$25,280

Closing costs

1%

$1,264

Rehab

0%

$0

Furnishing

14%

$18,000

Cashflow

Total Income

$3,182

Total Expenses

$2,139

Mortgage P&I

20%

$642

Property Taxes

12%

$370

Home Insurance

1%

$46

HOA

0%

$0

Property Management

12%

$382

CapEx

4%

$127

Vacancy

3%

$95

Maintenance

4%

$127

Other

11%

$350

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