REI Lense

REI Lense

Unlock all features! Tap here to upgrade

1065 Kingston Dr, Olean, NY 14760

3 beds • 3 baths • 3035 sqft

Email

This property looks like a bad Airbnb investment with a projected -14.6% first-year return on $79,740 initial cash invested.

-14.6%

Cash On Cash

2.16%

Cap Rate

0.38

DSCR

$2,249

Rent

-$970

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,249 income − $3,219 expenses = $970 out of pocket

Income$2,249Out of Pocket$970Mortgage P&I$1,41063%Property Taxes$60027%Insurance$1306%Management$33715%CapEx$904%Maintenance$904%Other$56225%

Investment Breakdown

|

Purchase Price

$294k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$79,740

Downpayment

20%

$58,800

Closing costs

1%

$2,940

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,249

Total Expenses

$3,219

Mortgage P&I

63%

$1,410

Property Taxes

27%

$600

Home Insurance

6%

$130

HOA

0%

$0

Property Management

15%

$337

CapEx

4%

$90

Vacancy

0%

$0

Maintenance

4%

$90

Other

25%

$562

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis