REI Lense

REI Lense

Unlock all features! Tap here to upgrade

850 Harris Rd, Corning, NY 14830

3 beds • 3 baths • 2512 sqft

Email

This property looks like a bad Airbnb investment with a projected -6.86% first-year return on $89,190 initial cash invested.

-6.86%

Cash On Cash

4.58%

Cap Rate

0.77

DSCR

$3,298

Rent

-$510

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,298 income − $3,808 expenses = $510 out of pocket

Income$3,298Out of Pocket$510Mortgage P&I$1,67351%Property Taxes$43313%Insurance$1194%Management$49515%CapEx$1324%Maintenance$1324%Other$82425%

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

$3,298

Total Expenses

$3,808

Mortgage P&I

51%

$1,673

Property Taxes

13%

$433

Home Insurance

4%

$119

HOA

0%

$0

Property Management

15%

$495

CapEx

4%

$132

Vacancy

0%

$0

Maintenance

4%

$132

Other

25%

$824

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis