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$3,990 (target)

22 Newgate Rd, Amherst, NY 14226

3 beds • 2 baths • 1642 sqft

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This property might be a fair Mid-Term investment with a projected 4.35% first-year return on $92,760 initial cash invested.

4.35%

Cash On Cash

7.49%

Cap Rate

1.29

DSCR

$3,990

Rent

$336

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,990 income − $3,654 expenses = $336 cash flow

Income$3,990Mortgage P&I$1,72643%Property Taxes$45211%Insurance$1183%Management$47912%CapEx$1604%Vacancy$1203%Maintenance$1604%Other$43911%Cash Flow$336

Investment Breakdown

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Purchase Price

$356k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$92,760

Downpayment

20%

$71,200

Closing costs

1%

$3,560

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,990

Total Expenses

$3,654

Mortgage P&I

43%

$1,726

Property Taxes

11%

$452

Home Insurance

3%

$118

HOA

0%

$0

Property Management

12%

$479

CapEx

4%

$160

Vacancy

3%

$120

Maintenance

4%

$160

Other

11%

$439

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