REI Lense

REI Lense

Unlock all features! Tap here to upgrade

212 N 6th St, Olean, NY 14760

3 beds • 3 baths • 1594 sqft

Email

This property could be a profitable Airbnb investment with a projected 10.07% first-year return on $51,264 initial cash invested.

10.07%

Cash On Cash

10.27%

Cap Rate

1.69

DSCR

$3,034

Rent

$430

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,034 income − $2,604 expenses = $430 cash flow

Income$3,034Mortgage P&I$80426%Property Taxes$2689%Insurance$773%Management$45515%CapEx$1214%Maintenance$1214%Other$75825%Cash Flow$430

Investment Breakdown

|

Purchase Price

$158k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$51,264

Downpayment

20%

$31,680

Closing costs

1%

$1,584

Rehab

0%

$0

Furnishing

11%

$18,000

Cashflow

Total Income

$3,034

Total Expenses

$2,604

Mortgage P&I

27%

$804

Property Taxes

9%

$268

Home Insurance

3%

$77

HOA

0%

$0

Property Management

15%

$455

CapEx

4%

$121

Vacancy

0%

$0

Maintenance

4%

$121

Other

25%

$758

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis