REI Lense

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$2,355 (target)

272 Hamilton Ave, Olean, NY 14760

3 beds • 2 baths • 1153 sqft

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This property could be a profitable Mid-Term investment with a projected 13.77% first-year return on $46,623 initial cash invested.

13.77%

Cash On Cash

11.63%

Cap Rate

1.91

DSCR

$2,355

Rent

$535

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,355 income − $1,820 expenses = $535 cash flow

Income$2,355Mortgage P&I$69229%Property Taxes$29212%Insurance$351%Management$28312%CapEx$944%Vacancy$713%Maintenance$944%Other$25911%Cash Flow$535

Investment Breakdown

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Purchase Price

$136k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$46,623

Downpayment

20%

$27,260

Closing costs

1%

$1,363

Rehab

0%

$0

Furnishing

13%

$18,000

Cashflow

Total Income

$2,355

Total Expenses

$1,820

Mortgage P&I

29%

$692

Property Taxes

12%

$292

Home Insurance

1%

$35

HOA

0%

$0

Property Management

12%

$283

CapEx

4%

$94

Vacancy

3%

$71

Maintenance

4%

$94

Other

11%

$259

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