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$2,692 (target)

9 Monroe St, Binghamton, NY 13904

3 beds • 2 baths • 1012 sqft

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This property could be a profitable Mid-Term investment with a projected 14.61% first-year return on $45,006 initial cash invested.

14.61%

Cash On Cash

12.52%

Cap Rate

1.96

DSCR

$2,692

Rent

$548

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,692 income − $2,144 expenses = $548 cash flow

Income$2,692Mortgage P&I$68625%Property Taxes$49818%Insurance$442%Management$32312%CapEx$1084%Vacancy$813%Maintenance$1084%Other$29611%Cash Flow$548

Investment Breakdown

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Purchase Price

$129k

Downpayment

20.0%

Interest Rate

7.0%

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

$2,692

Total Expenses

$2,144

Mortgage P&I

25%

$686

Property Taxes

19%

$498

Home Insurance

2%

$44

HOA

0%

$0

Property Management

12%

$323

CapEx

4%

$108

Vacancy

3%

$81

Maintenance

4%

$108

Other

11%

$296

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