REI Lense

REI Lense

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$3,558 (target)

232 Highland Dr, Williamsville, NY 14221

3 beds • 2 baths • 1235 sqft

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This property might be a fair Mid-Term investment with a projected 4.62% first-year return on $78,984 initial cash invested.

4.62%

Cash On Cash

7.79%

Cap Rate

1.31

DSCR

$3,558

Rent

$304

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,558 income − $3,254 expenses = $304 cash flow

Income$3,558Mortgage P&I$1,43840%Property Taxes$51314%Insurance$943%Management$42712%CapEx$1424%Vacancy$1073%Maintenance$1424%Other$39111%Cash Flow$304

Investment Breakdown

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Purchase Price

$290k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$78,984

Downpayment

20%

$58,080

Closing costs

1%

$2,904

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,558

Total Expenses

$3,254

Mortgage P&I

40%

$1,438

Property Taxes

14%

$513

Home Insurance

3%

$94

HOA

0%

$0

Property Management

12%

$427

CapEx

4%

$142

Vacancy

3%

$107

Maintenance

4%

$142

Other

11%

$391

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