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223 Phyllis Ave, Buffalo, NY 14215

3 beds • 2 baths • 1082 sqft

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This property looks like a bad Airbnb investment with a projected -0.75% first-year return on $36,690 initial cash invested.

-0.75%

Cash On Cash

6.32%

Cap Rate

1.04

DSCR

$1,006

Rent

-$23

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,006 income − $1,029 expenses = $23 out of pocket

Income$1,006Out of Pocket$23Mortgage P&I$45245%Property Taxes$636%Insurance$313%Management$15115%CapEx$404%Maintenance$404%Other$25225%

Investment Breakdown

|

Purchase Price

$89,000

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$36,690

Downpayment

20%

$17,800

Closing costs

1%

$890

Rehab

0%

$0

Furnishing

20%

$18,000

Cashflow

Total Income

$1,006

Total Expenses

$1,029

Mortgage P&I

45%

$452

Property Taxes

6%

$63

Home Insurance

3%

$31

HOA

0%

$0

Property Management

15%

$151

CapEx

4%

$40

Vacancy

0%

$0

Maintenance

4%

$40

Other

25%

$252

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