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229 Wellington Ave, Buffalo, NY 14223

3 beds • 2 baths • 1509 sqft

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This property looks like a bad Airbnb investment with a projected -8.89% first-year return on $71,571 initial cash invested.

-8.89%

Cash On Cash

3.98%

Cap Rate

0.66

DSCR

$2,580

Rent

-$530

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$255k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$71,571

Downpayment

20%

$51,020

Closing costs

1%

$2,551

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,580

Total Expenses

$3,110

Mortgage P&I

49%

$1,273

Property Taxes

20%

$526

Home Insurance

3%

$73

HOA

0%

$0

Property Management

15%

$387

CapEx

4%

$103

Vacancy

0%

$0

Maintenance

4%

$103

Other

25%

$645

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2

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5

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2

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5

4

0.6 mi

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$1,100

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2

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$2,850

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5

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0.6 mi

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