REI Lense

REI Lense

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$1,909 (target)

1230 Wyoming Ave, Niagara Falls, NY 14305

3 beds • 2 baths • 1386 sqft

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This property looks like a bad Long-Term investment with a projected -0.39% first-year return on $43,386 initial cash invested.

-0.39%

Cash On Cash

6.56%

Cap Rate

1.08

DSCR

$1,909

Rent

-$14

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,909 income − $1,923 expenses = $14 out of pocket

Income$1,909Out of Pocket$14Mortgage P&I$1,04955%Property Taxes$30116%Insurance$774%Management$19110%CapEx$955%Vacancy$1156%Maintenance$955%

Investment Breakdown

|

Purchase Price

$207k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$43,386

Downpayment

20%

$41,320

Closing costs

1%

$2,066

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,909

Total Expenses

$1,923

Mortgage P&I

55%

$1,049

Property Taxes

16%

$301

Home Insurance

4%

$77

HOA

0%

$0

Property Management

10%

$191

CapEx

5%

$95

Vacancy

6%

$115

Maintenance

5%

$95

Other

0%

$0

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