REI Lense

REI Lense

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Target property

232 Highland Dr, Williamsville, NY 14221

3 beds • 2 baths • 1235 sqft

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This property looks like a bad Airbnb investment with a projected -31.85% first-year return on $75,204 initial cash invested.

-31.85%

Cash On Cash

-2.65%

Cap Rate

-0.43

DSCR

$0

Rent

-$1,996

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$0 income − $1,996 expenses = $1,996 out of pocket

Income$0Out of Pocket$1,996Mortgage P&I$1,395Property Taxes$513Insurance$88

Investment Breakdown

|

Purchase Price

$272k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$75,204

Downpayment

20%

$54,480

Closing costs

1%

$2,724

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$0

Total Expenses

$1,996

Mortgage P&I

13950000%

$1,395

Property Taxes

5130000%

$513

Home Insurance

880000%

$88

HOA

0%

$0

Property Management

0%

$0

CapEx

0%

$0

Vacancy

0%

$0

Maintenance

0%

$0

Other

0%

$0

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