REI Lense

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$4,812 (target)

10 Spicer Creek Run, Grand Island, NY 14072

3 beds • 2 baths • 2070 sqft

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This property looks like a bad Mid-Term investment with a projected -1.32% first-year return on $119k initial cash invested.

-1.32%

Cash On Cash

6.01%

Cap Rate

1.03

DSCR

$4,812

Rent

-$131

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,812 income − $4,943 expenses = $131 out of pocket

Income$4,812Out of Pocket$131Mortgage P&I$2,35949%Property Taxes$78016%Insurance$1704%Management$57712%CapEx$1924%Vacancy$1443%Maintenance$1924%Other$52911%

Investment Breakdown

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Purchase Price

$483k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$119k

Downpayment

20%

$96,560

Closing costs

1%

$4,828

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,812

Total Expenses

$4,943

Mortgage P&I

49%

$2,359

Property Taxes

16%

$780

Home Insurance

4%

$170

HOA

0%

$0

Property Management

12%

$577

CapEx

4%

$192

Vacancy

3%

$144

Maintenance

4%

$192

Other

11%

$529

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