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$3,586 (target)

1097 Carter Dr, Grand Island, NY 14072

3 beds • 2 baths • 1294 sqft

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This property could be a profitable Mid-Term investment with a projected 10.89% first-year return on $70,752 initial cash invested.

10.89%

Cash On Cash

9.84%

Cap Rate

1.62

DSCR

$3,586

Rent

$642

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,586 income − $2,944 expenses = $642 cash flow

Income$3,586Mortgage P&I$1,27536%Property Taxes$36810%Insurance$832%Management$43012%CapEx$1434%Vacancy$1083%Maintenance$1434%Other$39411%Cash Flow$642

Investment Breakdown

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Purchase Price

$251k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$70,752

Downpayment

20%

$50,240

Closing costs

1%

$2,512

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,586

Total Expenses

$2,944

Mortgage P&I

36%

$1,275

Property Taxes

10%

$368

Home Insurance

2%

$83

HOA

0%

$0

Property Management

12%

$430

CapEx

4%

$143

Vacancy

3%

$108

Maintenance

4%

$143

Other

11%

$394

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