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$2,621 (target)

362 N Main St, Canandaigua, NY 14424

3 beds • 3 baths • 2412 sqft

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This property looks like a bad Long-Term investment with a projected -21.49% first-year return on $105k initial cash invested.

-21.49%

Cash On Cash

2.09%

Cap Rate

0.33

DSCR

$2,621

Rent

-$1,882

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,621 income − $4,503 expenses = $1,882 out of pocket

Income$2,621Out of Pocket$1,882Mortgage P&I$2,623100%Property Taxes$1,01039%Insurance$1897%Management$26210%CapEx$1315%Vacancy$1576%Maintenance$1315%

Investment Breakdown

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Purchase Price

$500k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$105k

Downpayment

20%

$100k

Closing costs

1%

$5,004

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,621

Total Expenses

$4,503

Mortgage P&I

100%

$2,623

Property Taxes

39%

$1,010

Home Insurance

7%

$189

HOA

0%

$0

Property Management

10%

$262

CapEx

5%

$131

Vacancy

6%

$157

Maintenance

5%

$131

Other

0%

$0

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