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242 Creekside Dr, Tonawanda, NY 14150

3 beds • 2 baths • 1592 sqft

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This property looks like a bad Airbnb investment with a projected -6.54% first-year return on $84,759 initial cash invested.

-6.54%

Cash On Cash

4.46%

Cap Rate

0.78

DSCR

$3,067

Rent

-$462

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,067 income − $3,529 expenses = $462 out of pocket

Income$3,067Out of Pocket$462Mortgage P&I$1,52150%Property Taxes$43014%Insurance$1053%Management$46015%CapEx$1234%Maintenance$1234%Other$76725%

Investment Breakdown

|

Purchase Price

$318k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$84,759

Downpayment

20%

$63,580

Closing costs

1%

$3,179

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,067

Total Expenses

$3,529

Mortgage P&I

50%

$1,521

Property Taxes

14%

$430

Home Insurance

3%

$105

HOA

0%

$0

Property Management

15%

$460

CapEx

4%

$123

Vacancy

0%

$0

Maintenance

4%

$123

Other

25%

$767

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