REI Lense

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$3,224 (target)

226 Chestnut St, North Syracuse, NY 13212

3 beds • 2 baths • 1155 sqft

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This property could be a profitable Mid-Term investment with a projected 27.38% first-year return on $45,489 initial cash invested.

27.38%

Cash On Cash

16.79%

Cap Rate

2.76

DSCR

$3,224

Rent

$1,038

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,224 income − $2,186 expenses = $1,038 cash flow

Income$3,224Mortgage P&I$66421%Property Taxes$33410%Insurance$913%Management$38712%CapEx$1294%Vacancy$973%Maintenance$1294%Other$35511%Cash Flow$1,038

Investment Breakdown

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Purchase Price

$131k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$45,489

Downpayment

20%

$26,180

Closing costs

1%

$1,309

Rehab

0%

$0

Furnishing

14%

$18,000

Cashflow

Total Income

$3,224

Total Expenses

$2,186

Mortgage P&I

21%

$664

Property Taxes

10%

$334

Home Insurance

3%

$91

HOA

0%

$0

Property Management

12%

$387

CapEx

4%

$129

Vacancy

3%

$97

Maintenance

4%

$129

Other

11%

$355

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