REI Lense

REI Lense

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$1,440 (target)

142 Esser Ave, Buffalo, NY 14207

3 beds • 2 baths • 936 sqft

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This property looks like a bad Long-Term investment with a projected -5.25% first-year return on $43,008 initial cash invested.

-5.25%

Cash On Cash

5.41%

Cap Rate

0.89

DSCR

$1,440

Rent

-$188

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,440 income − $1,628 expenses = $188 out of pocket

Income$1,440Out of Pocket$188Mortgage P&I$1,04072%Property Taxes$14810%Insurance$665%Management$14410%CapEx$725%Vacancy$866%Maintenance$725%

Investment Breakdown

|

Purchase Price

$205k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$43,008

Downpayment

20%

$40,960

Closing costs

1%

$2,048

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,440

Total Expenses

$1,628

Mortgage P&I

72%

$1,040

Property Taxes

10%

$148

Home Insurance

5%

$66

HOA

0%

$0

Property Management

10%

$144

CapEx

5%

$72

Vacancy

6%

$86

Maintenance

5%

$72

Other

0%

$0

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