REI Lense

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$2,721 (target)

7 Hazel St, Binghamton, NY 13905

3 beds • 2 baths • 1544 sqft

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This property could be a profitable Mid-Term investment with a projected 15.27% first-year return on $51,936 initial cash invested.

15.27%

Cash On Cash

11.87%

Cap Rate

1.93

DSCR

$2,721

Rent

$661

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,721 income − $2,060 expenses = $661 cash flow

Income$2,721Mortgage P&I$82830%Property Taxes$2529%Insurance$542%Management$32712%CapEx$1094%Vacancy$823%Maintenance$1094%Other$29911%Cash Flow$661

Investment Breakdown

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Purchase Price

$162k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$51,936

Downpayment

20%

$32,320

Closing costs

1%

$1,616

Rehab

0%

$0

Furnishing

11%

$18,000

Cashflow

Total Income

$2,721

Total Expenses

$2,060

Mortgage P&I

30%

$828

Property Taxes

9%

$252

Home Insurance

2%

$54

HOA

0%

$0

Property Management

12%

$327

CapEx

4%

$109

Vacancy

3%

$82

Maintenance

4%

$109

Other

11%

$299

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