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24 Patton Ln, Cheektowaga, NY 14225

3 beds • 2 baths • 887 sqft

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This property might be a fair Airbnb investment with a projected 2.17% first-year return on $58,005 initial cash invested.

2.17%

Cash On Cash

7.51%

Cap Rate

1.23

DSCR

$3,023

Rent

$105

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,023 income − $2,918 expenses = $105 cash flow

Income$3,023Mortgage P&I$96732%Property Taxes$41214%Insurance$883%Management$45315%CapEx$1214%Maintenance$1214%Other$75625%Cash Flow$105

Investment Breakdown

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Purchase Price

$191k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$58,005

Downpayment

20%

$38,100

Closing costs

1%

$1,905

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$3,023

Total Expenses

$2,918

Mortgage P&I

32%

$967

Property Taxes

14%

$412

Home Insurance

3%

$88

HOA

0%

$0

Property Management

15%

$453

CapEx

4%

$121

Vacancy

0%

$0

Maintenance

4%

$121

Other

25%

$756

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