REI Lense

REI Lense

Unlock all features! Tap here to upgrade

1677 Melkerson Dr, Ontario, NY 14519

3 beds • 2 baths • 1778 sqft

Email

This property looks like a bad Airbnb investment with a projected -18.56% first-year return on $96,750 initial cash invested.

-18.56%

Cash On Cash

1.45%

Cap Rate

0.24

DSCR

$2,242

Rent

-$1,496

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,242 income − $3,738 expenses = $1,496 out of pocket

Income$2,242Out of Pocket$1,496Mortgage P&I$1,85883%Property Taxes$67330%Insurance$1316%Management$33615%CapEx$904%Maintenance$904%Other$56025%

Investment Breakdown

|

Purchase Price

$375k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$96,750

Downpayment

20%

$75,000

Closing costs

1%

$3,750

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,242

Total Expenses

$3,738

Mortgage P&I

83%

$1,858

Property Taxes

30%

$673

Home Insurance

6%

$131

HOA

0%

$0

Property Management

15%

$336

CapEx

4%

$90

Vacancy

0%

$0

Maintenance

4%

$90

Other

25%

$560

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis