REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,406 (target)

264 Main Street, Corinth, NY 12822

3 beds • 2 baths • 1692 sqft

Email

This property might be a fair Mid-Term investment with a projected 5.87% first-year return on $78,690 initial cash invested.

5.87%

Cash On Cash

8.14%

Cap Rate

1.36

DSCR

$3,406

Rent

$385

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,406 income − $3,021 expenses = $385 cash flow

Income$3,406Mortgage P&I$1,43942%Property Taxes$3239%Insurance$1013%Management$40912%CapEx$1364%Vacancy$1023%Maintenance$1364%Other$37511%Cash Flow$385

Investment Breakdown

|

Purchase Price

$289k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$78,690

Downpayment

20%

$57,800

Closing costs

1%

$2,890

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,406

Total Expenses

$3,021

Mortgage P&I

42%

$1,439

Property Taxes

9%

$323

Home Insurance

3%

$101

HOA

0%

$0

Property Management

12%

$409

CapEx

4%

$136

Vacancy

3%

$102

Maintenance

4%

$136

Other

11%

$375

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis