REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,968 (target)

341 Larchmont Rd, Elmira, NY 14905

3 beds • 2 baths • 1583 sqft

Email

This property might be a fair Mid-Term investment with a projected 8.78% first-year return on $58,761 initial cash invested.

8.78%

Cash On Cash

9.92%

Cap Rate

1.52

DSCR

$2,968

Rent

$430

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,968 income − $2,538 expenses = $430 cash flow

Income$2,968Mortgage P&I$1,05536%Property Taxes$40414%Insurance$702%Management$35612%CapEx$1194%Vacancy$893%Maintenance$1194%Other$32611%Cash Flow$430

Investment Breakdown

|

Purchase Price

$194k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$58,761

Downpayment

20%

$38,820

Closing costs

1%

$1,941

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,968

Total Expenses

$2,538

Mortgage P&I

36%

$1,055

Property Taxes

14%

$404

Home Insurance

2%

$70

HOA

0%

$0

Property Management

12%

$356

CapEx

4%

$119

Vacancy

3%

$89

Maintenance

4%

$119

Other

11%

$326

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis