REI Lense

REI Lense

Unlock all features! Tap here to upgrade

443 Surrey Dr, Cortland, NY 13045

3 beds • 3 baths • 2388 sqft

Email

This property looks like a bad Airbnb investment with a projected -25.31% first-year return on $97,716 initial cash invested.

-25.31%

Cash On Cash

-0.38%

Cap Rate

-0.06

DSCR

$1,898

Rent

-$2,061

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,898 income − $3,959 expenses = $2,061 out of pocket

Income$1,898Out of Pocket$2,061Mortgage P&I$1,86698%Property Taxes$1,04255%Insurance$1407%Management$28515%CapEx$764%Maintenance$764%Other$47425%

Investment Breakdown

|

Purchase Price

$380k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$97,716

Downpayment

20%

$75,920

Closing costs

1%

$3,796

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$1,898

Total Expenses

$3,959

Mortgage P&I

98%

$1,866

Property Taxes

55%

$1,042

Home Insurance

7%

$140

HOA

0%

$0

Property Management

15%

$285

CapEx

4%

$76

Vacancy

0%

$0

Maintenance

4%

$76

Other

25%

$474

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis