REI Lense

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$1,801 (target)

47 Hayes St, Binghamton, NY 13903

3 beds • 2 baths • 1350 sqft

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This property could be a profitable Long-Term investment with a projected 19.37% first-year return on $27,006 initial cash invested.

19.37%

Cash On Cash

10.81%

Cap Rate

1.83

DSCR

$1,801

Rent

$436

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,801 income − $1,365 expenses = $436 cash flow

Income$1,801Mortgage P&I$63335%Property Taxes$25714%Insurance$7Management$18010%CapEx$905%Vacancy$1086%Maintenance$905%Cash Flow$436

Investment Breakdown

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Purchase Price

$129k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$27,006

Downpayment

20%

$25,720

Closing costs

1%

$1,286

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,801

Total Expenses

$1,365

Mortgage P&I

35%

$633

Property Taxes

14%

$257

Home Insurance

0%

$7

HOA

0%

$0

Property Management

10%

$180

CapEx

5%

$90

Vacancy

6%

$108

Maintenance

5%

$90

Other

0%

$0

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