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$3,633 (target)

2718 Forest Hill Dr, Auburn, NY 13021

3 beds • 2 baths • 1384 sqft

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This property might be a fair Mid-Term investment with a projected 6.85% first-year return on $75,897 initial cash invested.

6.85%

Cash On Cash

8.49%

Cap Rate

1.42

DSCR

$3,633

Rent

$433

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,633 income − $3,200 expenses = $433 cash flow

Income$3,633Mortgage P&I$1,37338%Property Taxes$49414%Insurance$983%Management$43612%CapEx$1454%Vacancy$1093%Maintenance$1454%Other$40011%Cash Flow$433

Investment Breakdown

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Purchase Price

$276k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$75,897

Downpayment

20%

$55,140

Closing costs

1%

$2,757

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,633

Total Expenses

$3,200

Mortgage P&I

38%

$1,373

Property Taxes

14%

$494

Home Insurance

3%

$98

HOA

0%

$0

Property Management

12%

$436

CapEx

4%

$145

Vacancy

3%

$109

Maintenance

4%

$145

Other

11%

$400

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