REI Lense

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$3,112 (target)

2120 Ridge Rd, Ontario, NY 14519

3 beds • 2 baths • 1950 sqft

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This property could be a profitable Mid-Term investment with a projected 13.13% first-year return on $60,126 initial cash invested.

13.13%

Cash On Cash

10.98%

Cap Rate

1.74

DSCR

$3,112

Rent

$658

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,112 income − $2,454 expenses = $658 cash flow

Income$3,112Mortgage P&I$1,05334%Property Taxes$2859%Insurance$602%Management$37312%CapEx$1244%Vacancy$933%Maintenance$1244%Other$34211%Cash Flow$658

Investment Breakdown

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Purchase Price

$201k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$60,126

Downpayment

20%

$40,120

Closing costs

1%

$2,006

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$3,112

Total Expenses

$2,454

Mortgage P&I

34%

$1,053

Property Taxes

9%

$285

Home Insurance

2%

$60

HOA

0%

$0

Property Management

12%

$373

CapEx

4%

$124

Vacancy

3%

$93

Maintenance

4%

$124

Other

11%

$342

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