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$3,702 (target)

956 Willits Rd, Ontario, NY 14519

3 beds • 2 baths • 2284 sqft

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This property looks like a bad Mid-Term investment with a projected -8.79% first-year return on $125k initial cash invested.

-8.79%

Cash On Cash

4.15%

Cap Rate

0.7

DSCR

$3,702

Rent

-$912

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,702 income − $4,614 expenses = $912 out of pocket

Income$3,702Out of Pocket$912Mortgage P&I$2,52068%Property Taxes$62617%Insurance$2106%Management$44412%CapEx$1484%Vacancy$1113%Maintenance$1484%Other$40711%

Investment Breakdown

|

Purchase Price

$508k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$125k

Downpayment

20%

$102k

Closing costs

1%

$5,075

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,702

Total Expenses

$4,614

Mortgage P&I

68%

$2,520

Property Taxes

17%

$626

Home Insurance

6%

$210

HOA

0%

$0

Property Management

12%

$444

CapEx

4%

$148

Vacancy

3%

$111

Maintenance

4%

$148

Other

11%

$407

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