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231 Berkley St, Buffalo, NY 14223

2 beds • 2 baths • 1512 sqft

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This property looks like a bad Airbnb investment with a projected -13.01% first-year return on $62,736 initial cash invested.

-13.01%

Cash On Cash

3.02%

Cap Rate

0.5

DSCR

$2,063

Rent

-$680

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$242k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$62,736

Downpayment

20%

$48,320

Closing costs

1%

$2,416

Rehab

0%

$0

Furnishing

5%

$12,000

Cashflow

Total Income

$2,063

Total Expenses

$2,743

Mortgage P&I

58%

$1,206

Property Taxes

23%

$476

Home Insurance

3%

$70

HOA

0%

$0

Property Management

15%

$309

CapEx

4%

$83

Vacancy

0%

$0

Maintenance

4%

$83

Other

25%

$516

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