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$2,715 (target)

912 Farnham St, Elmira, NY 14901

3 beds • 2 baths • 1562 sqft

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This property might be a fair Mid-Term investment with a projected 7.43% first-year return on $56,976 initial cash invested.

7.43%

Cash On Cash

9.24%

Cap Rate

1.48

DSCR

$2,715

Rent

$353

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,715 income − $2,362 expenses = $353 cash flow

Income$2,715Mortgage P&I$96736%Property Taxes$40515%Insurance$662%Management$32612%CapEx$1094%Vacancy$813%Maintenance$1094%Other$29911%Cash Flow$353

Investment Breakdown

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Purchase Price

$186k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$56,976

Downpayment

20%

$37,120

Closing costs

1%

$1,856

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$2,715

Total Expenses

$2,362

Mortgage P&I

36%

$967

Property Taxes

15%

$405

Home Insurance

2%

$66

HOA

0%

$0

Property Management

12%

$326

CapEx

4%

$109

Vacancy

3%

$81

Maintenance

4%

$109

Other

11%

$299

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