REI Lense

REI Lense

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$1,910 (target)

216 79th St, Niagara Falls, NY 14304

3 beds • 2 baths • 1613 sqft

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This property might be a fair Long-Term investment with a projected 4.57% first-year return on $36,729 initial cash invested.

4.57%

Cash On Cash

8.07%

Cap Rate

1.25

DSCR

$1,910

Rent

$140

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,910 income − $1,770 expenses = $140 cash flow

Income$1,910Mortgage P&I$94049%Property Taxes$27114%Insurance$613%Management$19110%CapEx$965%Vacancy$1156%Maintenance$965%Cash Flow$140

Investment Breakdown

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Purchase Price

$175k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$36,729

Downpayment

20%

$34,980

Closing costs

1%

$1,749

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,910

Total Expenses

$1,770

Mortgage P&I

49%

$940

Property Taxes

14%

$271

Home Insurance

3%

$61

HOA

0%

$0

Property Management

10%

$191

CapEx

5%

$96

Vacancy

6%

$115

Maintenance

5%

$96

Other

0%

$0

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