REI Lense

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$2,160 (target)

142 Esser Ave, Buffalo, NY 14207

3 beds • 2 baths • 936 sqft

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This property might be a fair Mid-Term investment with a projected 3.38% first-year return on $61,008 initial cash invested.

3.38%

Cash On Cash

7.61%

Cap Rate

1.25

DSCR

$2,160

Rent

$172

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,160 income − $1,988 expenses = $172 cash flow

Income$2,160Mortgage P&I$1,04048%Property Taxes$1487%Insurance$663%Management$25912%CapEx$864%Vacancy$653%Maintenance$864%Other$23811%Cash Flow$172

Investment Breakdown

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Purchase Price

$205k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$61,008

Downpayment

20%

$40,960

Closing costs

1%

$2,048

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,160

Total Expenses

$1,988

Mortgage P&I

48%

$1,040

Property Taxes

7%

$148

Home Insurance

3%

$66

HOA

0%

$0

Property Management

12%

$259

CapEx

4%

$86

Vacancy

3%

$65

Maintenance

4%

$86

Other

11%

$238

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