REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,366 (target)

2133 Ferry Rd, Grand Island, NY 14072

3 beds • 3 baths • 3071 sqft

Email

This property looks like a bad Mid-Term investment with a projected -9.77% first-year return on $118k initial cash invested.

-9.77%

Cash On Cash

3.86%

Cap Rate

0.65

DSCR

$3,366

Rent

-$959

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,366 income − $4,325 expenses = $959 out of pocket

Income$3,366Out of Pocket$959Mortgage P&I$2,35270%Property Taxes$66220%Insurance$1665%Management$40412%CapEx$1354%Vacancy$1013%Maintenance$1354%Other$37011%

Investment Breakdown

|

Purchase Price

$475k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$118k

Downpayment

20%

$95,000

Closing costs

1%

$4,750

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,366

Total Expenses

$4,325

Mortgage P&I

70%

$2,352

Property Taxes

20%

$662

Home Insurance

5%

$166

HOA

0%

$0

Property Management

12%

$404

CapEx

4%

$135

Vacancy

3%

$101

Maintenance

4%

$135

Other

11%

$370

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis