REI Lense

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$3,218 (target)

113 Idlewood Dr, Tonawanda, NY 14150

3 beds • 2 baths • 1210 sqft

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This property might be a fair Mid-Term investment with a projected 5.49% first-year return on $72,600 initial cash invested.

5.49%

Cash On Cash

8.08%

Cap Rate

1.36

DSCR

$3,218

Rent

$332

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,218 income − $2,886 expenses = $332 cash flow

Income$3,218Mortgage P&I$1,28940%Property Taxes$41113%Insurance$913%Management$38612%CapEx$1294%Vacancy$973%Maintenance$1294%Other$35411%Cash Flow$332

Investment Breakdown

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Purchase Price

$260k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$72,600

Downpayment

20%

$52,000

Closing costs

1%

$2,600

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,218

Total Expenses

$2,886

Mortgage P&I

40%

$1,289

Property Taxes

13%

$411

Home Insurance

3%

$91

HOA

0%

$0

Property Management

12%

$386

CapEx

4%

$129

Vacancy

3%

$97

Maintenance

4%

$129

Other

11%

$354

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