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16 Kemp Ave, Cheektowaga, NY 14225

3 beds • 1 baths • 1152 sqft

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This property looks like a bad Airbnb investment with a projected -3.76% first-year return on $63,885 initial cash invested.

-3.76%

Cash On Cash

5.49%

Cap Rate

0.92

DSCR

$2,733

Rent

-$200

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$219k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$63,885

Downpayment

20%

$43,700

Closing costs

1%

$2,185

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,733

Total Expenses

$2,933

Mortgage P&I

40%

$1,091

Property Taxes

17%

$451

Home Insurance

3%

$80

HOA

0%

$0

Property Management

15%

$410

CapEx

4%

$109

Vacancy

0%

$0

Maintenance

4%

$109

Other

25%

$683

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