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$2,766 (target)

28 Lake Ave, Auburn, NY 13021

3 beds • 2 baths • 1564 sqft

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This property could be a profitable Mid-Term investment with a projected 26.21% first-year return on $40,890 initial cash invested.

26.21%

Cash On Cash

17.14%

Cap Rate

2.82

DSCR

$2,766

Rent

$893

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,766 income − $1,873 expenses = $893 cash flow

Income$2,766Mortgage P&I$55320%Property Taxes$34112%Insurance$381%Management$33212%CapEx$1114%Vacancy$833%Maintenance$1114%Other$30411%Cash Flow$893

Investment Breakdown

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Purchase Price

$109k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$40,890

Downpayment

20%

$21,800

Closing costs

1%

$1,090

Rehab

0%

$0

Furnishing

17%

$18,000

Cashflow

Total Income

$2,766

Total Expenses

$1,873

Mortgage P&I

20%

$553

Property Taxes

12%

$341

Home Insurance

1%

$38

HOA

0%

$0

Property Management

12%

$332

CapEx

4%

$111

Vacancy

3%

$83

Maintenance

4%

$111

Other

11%

$304

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