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$2,702 (target)

47 Hayes St, Binghamton, NY 13903

3 beds • 2 baths • 1350 sqft

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This property could be a profitable Mid-Term investment with a projected 23.65% first-year return on $45,006 initial cash invested.

23.65%

Cash On Cash

15.19%

Cap Rate

2.57

DSCR

$2,702

Rent

$887

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,702 income − $1,815 expenses = $887 cash flow

Income$2,702Mortgage P&I$63323%Property Taxes$25710%Insurance$7Management$32412%CapEx$1084%Vacancy$813%Maintenance$1084%Other$29711%Cash Flow$887

Investment Breakdown

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Purchase Price

$129k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$45,006

Downpayment

20%

$25,720

Closing costs

1%

$1,286

Rehab

0%

$0

Furnishing

14%

$18,000

Cashflow

Total Income

$2,702

Total Expenses

$1,815

Mortgage P&I

23%

$633

Property Taxes

10%

$257

Home Insurance

0%

$7

HOA

0%

$0

Property Management

12%

$324

CapEx

4%

$108

Vacancy

3%

$81

Maintenance

4%

$108

Other

11%

$297

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