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 -15.8% first-year return on $96,750 initial cash invested.

-15.8%

Cash On Cash

2.21%

Cap Rate

0.37

DSCR

$2,671

Rent

-$1,274

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,671 income − $3,945 expenses = $1,274 out of pocket

Income$2,671Out of Pocket$1,274Mortgage P&I$1,85870%Property Taxes$67325%Insurance$1315%Management$40115%CapEx$1074%Maintenance$1074%Other$66825%

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

$2,671

Total Expenses

$3,945

Mortgage P&I

70%

$1,858

Property Taxes

25%

$673

Home Insurance

5%

$131

HOA

0%

$0

Property Management

15%

$401

CapEx

4%

$107

Vacancy

0%

$0

Maintenance

4%

$107

Other

25%

$668

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis