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215 Summit Ave, West Seneca, NY 14224

3 beds • 3 baths • 2004 sqft

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This property looks like a bad Airbnb investment with a projected -6.98% first-year return on $80,979 initial cash invested.

-6.98%

Cash On Cash

4.58%

Cap Rate

0.77

DSCR

$3,225

Rent

-$471

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,225 income − $3,696 expenses = $471 out of pocket

Income$3,225Out of Pocket$471Mortgage P&I$1,48746%Property Taxes$55617%Insurance$1053%Management$48415%CapEx$1294%Maintenance$1294%Other$80625%

Investment Breakdown

|

Purchase Price

$300k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$80,979

Downpayment

20%

$59,980

Closing costs

1%

$2,999

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,225

Total Expenses

$3,696

Mortgage P&I

46%

$1,487

Property Taxes

17%

$556

Home Insurance

3%

$105

HOA

0%

$0

Property Management

15%

$484

CapEx

4%

$129

Vacancy

0%

$0

Maintenance

4%

$129

Other

25%

$806

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