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216 74th St, Niagara Falls, NY 14304

3 beds • 2 baths • 1408 sqft

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This property looks like a bad Airbnb investment with a projected -2.97% first-year return on $64,179 initial cash invested.

-2.97%

Cash On Cash

5.66%

Cap Rate

0.95

DSCR

$2,719

Rent

-$159

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$220k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$64,179

Downpayment

20%

$43,980

Closing costs

1%

$2,199

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,719

Total Expenses

$2,878

Mortgage P&I

40%

$1,088

Property Taxes

15%

$407

Home Insurance

3%

$77

HOA

0%

$0

Property Management

15%

$408

CapEx

4%

$109

Vacancy

0%

$0

Maintenance

4%

$109

Other

25%

$680

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