REI Lense

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$3,921 (target)

2119 Stonehedge Dr, Ontario, NY 14519

3 beds • 3 baths • 1609 sqft

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This property might be a fair Mid-Term investment with a projected 1.34% first-year return on $93,915 initial cash invested.

1.34%

Cash On Cash

6.81%

Cap Rate

1.15

DSCR

$3,921

Rent

$105

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,921 income − $3,816 expenses = $105 cash flow

Income$3,921Mortgage P&I$1,79146%Property Taxes$58615%Insurance$1053%Management$47112%CapEx$1574%Vacancy$1183%Maintenance$1574%Other$43111%Cash Flow$105

Investment Breakdown

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Purchase Price

$362k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$93,915

Downpayment

20%

$72,300

Closing costs

1%

$3,615

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,921

Total Expenses

$3,816

Mortgage P&I

46%

$1,791

Property Taxes

15%

$586

Home Insurance

3%

$105

HOA

0%

$0

Property Management

12%

$471

CapEx

4%

$157

Vacancy

3%

$118

Maintenance

4%

$157

Other

11%

$431

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