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$3,206 (target)

3368 Maple Ave, Cortland, NY 13045

3 beds • 2 baths • 1243 sqft

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This property could be a profitable Mid-Term investment with a projected 14.65% first-year return on $59,979 initial cash invested.

14.65%

Cash On Cash

11.26%

Cap Rate

1.85

DSCR

$3,206

Rent

$732

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,206 income − $2,474 expenses = $732 cash flow

Income$3,206Mortgage P&I$1,01532%Property Taxes$2999%Insurance$702%Management$38512%CapEx$1284%Vacancy$963%Maintenance$1284%Other$35311%Cash Flow$732

Investment Breakdown

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Purchase Price

$200k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$59,979

Downpayment

20%

$39,980

Closing costs

1%

$1,999

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$3,206

Total Expenses

$2,474

Mortgage P&I

32%

$1,015

Property Taxes

9%

$299

Home Insurance

2%

$70

HOA

0%

$0

Property Management

12%

$385

CapEx

4%

$128

Vacancy

3%

$96

Maintenance

4%

$128

Other

11%

$353

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