REI Lense

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$2,728 (target)

16 Augusta St, Buffalo, NY 14220

3 beds • 2 baths • 996 sqft

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This property might be a fair Mid-Term investment with a projected 5.26% first-year return on $68,925 initial cash invested.

5.26%

Cash On Cash

8.13%

Cap Rate

1.33

DSCR

$2,728

Rent

$302

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,728 income − $2,426 expenses = $302 cash flow

Income$2,728Mortgage P&I$1,23145%Property Taxes$1897%Insurance$793%Management$32712%CapEx$1094%Vacancy$823%Maintenance$1094%Other$30011%Cash Flow$302

Investment Breakdown

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Purchase Price

$243k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,925

Downpayment

20%

$48,500

Closing costs

1%

$2,425

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,728

Total Expenses

$2,426

Mortgage P&I

45%

$1,231

Property Taxes

7%

$189

Home Insurance

3%

$79

HOA

0%

$0

Property Management

12%

$327

CapEx

4%

$109

Vacancy

3%

$82

Maintenance

4%

$109

Other

11%

$300

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