REI Lense

REI Lense

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$3,262 (target)

20 Arundel Rd, Buffalo, NY 14216

3 beds • 2 baths • 1663 sqft

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This property might be a fair Mid-Term investment with a projected 1.27% first-year return on $91,017 initial cash invested.

1.27%

Cash On Cash

6.6%

Cap Rate

1.13

DSCR

$3,262

Rent

$96

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$348k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$91,017

Downpayment

20%

$69,540

Closing costs

1%

$3,477

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,262

Total Expenses

$3,166

Mortgage P&I

52%

$1,685

Property Taxes

8%

$251

Home Insurance

4%

$122

HOA

0%

$0

Property Management

12%

$391

CapEx

4%

$130

Vacancy

3%

$98

Maintenance

4%

$130

Other

11%

$359

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