REI Lense

REI Lense

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$2,467 (target)

229 Roycroft Blvd, Amherst, NY 14226

3 beds • 2 baths • 1864 sqft

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This property looks like a bad Long-Term investment with a projected -14.91% first-year return on $94,164 initial cash invested.

-14.91%

Cash On Cash

3.06%

Cap Rate

0.52

DSCR

$2,467

Rent

-$1,170

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,467 income − $3,637 expenses = $1,170 out of pocket

Income$2,467Out of Pocket$1,170Mortgage P&I$2,19189%Property Taxes$64826%Insurance$1576%Management$24710%CapEx$1235%Vacancy$1486%Maintenance$1235%

Investment Breakdown

|

Purchase Price

$448k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$94,164

Downpayment

20%

$89,680

Closing costs

1%

$4,484

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,467

Total Expenses

$3,637

Mortgage P&I

89%

$2,191

Property Taxes

26%

$648

Home Insurance

6%

$157

HOA

0%

$0

Property Management

10%

$247

CapEx

5%

$123

Vacancy

6%

$148

Maintenance

5%

$123

Other

0%

$0

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