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1050 New Rd, Buffalo, NY 14228

3 beds • 3 baths • 2090 sqft

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This property looks like a bad Airbnb investment with a projected -25.36% first-year return on $186k initial cash invested.

-25.36%

Cash On Cash

0.21%

Cap Rate

0.04

DSCR

$2,934

Rent

-$3,930

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,934 income − $6,864 expenses = $3,930 out of pocket

Income$2,934Out of Pocket$3,930Mortgage P&I$3,956135%Property Taxes$1,22042%Insurance$28010%Management$44015%CapEx$1174%Maintenance$1174%Other$73425%

Investment Breakdown

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Purchase Price

$800k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$186k

Downpayment

20%

$160k

Closing costs

1%

$7,999

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$2,934

Total Expenses

$6,864

Mortgage P&I

135%

$3,956

Property Taxes

42%

$1,220

Home Insurance

10%

$280

HOA

0%

$0

Property Management

15%

$440

CapEx

4%

$117

Vacancy

0%

$0

Maintenance

4%

$117

Other

25%

$734

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