REI Lense

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$3,201 (target)

105 Nokomis Pkwy, Cheektowaga, NY 14225

3 beds • 2 baths • 1209 sqft

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This property could be a profitable Mid-Term investment with a projected 11.41% first-year return on $61,533 initial cash invested.

11.41%

Cash On Cash

10.22%

Cap Rate

1.68

DSCR

$3,201

Rent

$585

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,201 income − $2,616 expenses = $585 cash flow

Income$3,201Mortgage P&I$1,05333%Property Taxes$40012%Insurance$752%Management$38412%CapEx$1284%Vacancy$963%Maintenance$1284%Other$35211%Cash Flow$585

Investment Breakdown

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Purchase Price

$207k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$61,533

Downpayment

20%

$41,460

Closing costs

1%

$2,073

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$3,201

Total Expenses

$2,616

Mortgage P&I

33%

$1,053

Property Taxes

13%

$400

Home Insurance

2%

$75

HOA

0%

$0

Property Management

12%

$384

CapEx

4%

$128

Vacancy

3%

$96

Maintenance

4%

$128

Other

11%

$352

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