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24 Grasmere Rd, Lockport, NY 14094

3 beds • 2 baths • 1764 sqft

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This property looks like a bad Long-Term investment with a projected -12.56% first-year return on $67,347 initial cash invested.

-12.56%

Cash On Cash

3.48%

Cap Rate

0.6

DSCR

$1,925

Rent

-$705

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$321k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$67,347

Downpayment

20%

$64,140

Closing costs

1%

$3,207

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,925

Total Expenses

$2,630

Mortgage P&I

80%

$1,540

Property Taxes

25%

$476

Home Insurance

6%

$114

HOA

0%

$0

Property Management

10%

$192

CapEx

5%

$96

Vacancy

6%

$116

Maintenance

5%

$96

Other

0%

$0

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