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224 Medina St, Cheektowaga, NY 14206

3 beds • 2 baths • 1496 sqft

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This property looks like a bad Airbnb investment with a projected -13.51% first-year return on $68,379 initial cash invested.

-13.51%

Cash On Cash

2.64%

Cap Rate

0.43

DSCR

$1,970

Rent

-$770

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,970 income − $2,740 expenses = $770 out of pocket

Income$1,970Out of Pocket$770Mortgage P&I$1,21862%Property Taxes$49225%Insurance$844%Management$29615%CapEx$794%Maintenance$794%Other$49225%

Investment Breakdown

|

Purchase Price

$240k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,379

Downpayment

20%

$47,980

Closing costs

1%

$2,399

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$1,970

Total Expenses

$2,740

Mortgage P&I

62%

$1,218

Property Taxes

25%

$492

Home Insurance

4%

$84

HOA

0%

$0

Property Management

15%

$296

CapEx

4%

$79

Vacancy

0%

$0

Maintenance

4%

$79

Other

25%

$492

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