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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 -7.34% first-year return on $80,979 initial cash invested.

-7.34%

Cash On Cash

4.48%

Cap Rate

0.75

DSCR

$3,179

Rent

-$495

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,179 income − $3,674 expenses = $495 out of pocket

Income$3,179Out of Pocket$495Mortgage P&I$1,48747%Property Taxes$55617%Insurance$1053%Management$47715%CapEx$1274%Maintenance$1274%Other$79525%

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

$3,179

Total Expenses

$3,674

Mortgage P&I

47%

$1,487

Property Taxes

17%

$556

Home Insurance

3%

$105

HOA

0%

$0

Property Management

15%

$477

CapEx

4%

$127

Vacancy

0%

$0

Maintenance

4%

$127

Other

25%

$795

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