REI Lense

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$2,979 (target)

309 N Levitt St, Rome, NY 13440

3 beds • 2 baths • 1752 sqft

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This property might be a fair Mid-Term investment with a projected 7.59% first-year return on $67,539 initial cash invested.

7.59%

Cash On Cash

8.99%

Cap Rate

1.45

DSCR

$2,979

Rent

$427

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,979 income − $2,552 expenses = $427 cash flow

Income$2,979Mortgage P&I$1,22241%Property Taxes$2328%Insurance$863%Management$35712%CapEx$1194%Vacancy$893%Maintenance$1194%Other$32811%Cash Flow$427

Investment Breakdown

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Purchase Price

$236k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$67,539

Downpayment

20%

$47,180

Closing costs

1%

$2,359

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,979

Total Expenses

$2,552

Mortgage P&I

41%

$1,222

Property Taxes

8%

$232

Home Insurance

3%

$86

HOA

0%

$0

Property Management

12%

$357

CapEx

4%

$119

Vacancy

3%

$89

Maintenance

4%

$119

Other

11%

$328

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