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2304 Whiskey Creek Rd, Corning, NY 14830

3 beds • 4 baths • 3104 sqft

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This property looks like a bad Mid-Term investment with a projected -1.74% first-year return on $98,871 initial cash invested.

-1.74%

Cash On Cash

5.81%

Cap Rate

1.01

DSCR

$3,918

Rent

-$143

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$385k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$98,871

Downpayment

20%

$77,020

Closing costs

1%

$3,851

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,918

Total Expenses

$4,061

Mortgage P&I

47%

$1,849

Property Taxes

19%

$739

Home Insurance

4%

$140

HOA

0%

$0

Property Management

12%

$470

CapEx

4%

$157

Vacancy

3%

$118

Maintenance

4%

$157

Other

11%

$431

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