REI Lense

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$2,506 (target)

349 Clark St, Auburn, NY 13021

3 beds • 2 baths • 1428 sqft

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This property could be a profitable Mid-Term investment with a projected 10.72% first-year return on $52,629 initial cash invested.

10.72%

Cash On Cash

10.24%

Cap Rate

1.68

DSCR

$2,506

Rent

$470

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,506 income − $2,036 expenses = $470 cash flow

Income$2,506Mortgage P&I$83733%Property Taxes$28912%Insurance$582%Management$30112%CapEx$1004%Vacancy$753%Maintenance$1004%Other$27611%Cash Flow$470

Investment Breakdown

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Purchase Price

$165k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$52,629

Downpayment

20%

$32,980

Closing costs

1%

$1,649

Rehab

0%

$0

Furnishing

11%

$18,000

Cashflow

Total Income

$2,506

Total Expenses

$2,036

Mortgage P&I

33%

$837

Property Taxes

12%

$289

Home Insurance

2%

$58

HOA

0%

$0

Property Management

12%

$301

CapEx

4%

$100

Vacancy

3%

$75

Maintenance

4%

$100

Other

11%

$276

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