REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,616 (target)

850 Harris Rd, Corning, NY 14830

3 beds • 3 baths • 2512 sqft

Email

This property might be a fair Mid-Term investment with a projected 2.17% first-year return on $89,190 initial cash invested.

2.17%

Cash On Cash

7.01%

Cap Rate

1.18

DSCR

$3,616

Rent

$161

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,616 income − $3,455 expenses = $161 cash flow

Income$3,616Mortgage P&I$1,67346%Property Taxes$43312%Insurance$1193%Management$43412%CapEx$1454%Vacancy$1083%Maintenance$1454%Other$39811%Cash Flow$161

Investment Breakdown

|

Purchase Price

$339k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$89,190

Downpayment

20%

$67,800

Closing costs

1%

$3,390

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,616

Total Expenses

$3,455

Mortgage P&I

46%

$1,673

Property Taxes

12%

$433

Home Insurance

3%

$119

HOA

0%

$0

Property Management

12%

$434

CapEx

4%

$145

Vacancy

3%

$108

Maintenance

4%

$145

Other

11%

$398

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis