REI Lense

REI Lense

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$1,529 (target)

2410 Falls St, Niagara Falls, NY 14303

3 beds • 2 baths • 1008 sqft

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This property might be a fair Long-Term investment with a projected 2.27% first-year return on $33,852 initial cash invested.

2.27%

Cash On Cash

7.32%

Cap Rate

1.17

DSCR

$1,529

Rent

$64

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,529 income − $1,465 expenses = $64 cash flow

Income$1,529Mortgage P&I$84355%Property Taxes$16711%Insurance$584%Management$15310%CapEx$765%Vacancy$926%Maintenance$765%Cash Flow$64

Investment Breakdown

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Purchase Price

$161k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$33,852

Downpayment

20%

$32,240

Closing costs

1%

$1,612

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,529

Total Expenses

$1,465

Mortgage P&I

55%

$843

Property Taxes

11%

$167

Home Insurance

4%

$58

HOA

0%

$0

Property Management

10%

$153

CapEx

5%

$76

Vacancy

6%

$92

Maintenance

5%

$76

Other

0%

$0

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