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242 Wellington Ave, Buffalo, NY 14223

3 beds • 2 baths • 1287 sqft

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This property looks like a bad Airbnb investment with a projected -6.57% first-year return on $66,090 initial cash invested.

-6.57%

Cash On Cash

4.71%

Cap Rate

0.78

DSCR

$2,549

Rent

-$362

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$229k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$66,090

Downpayment

20%

$45,800

Closing costs

1%

$2,290

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,549

Total Expenses

$2,911

Mortgage P&I

45%

$1,158

Property Taxes

18%

$450

Home Insurance

3%

$80

HOA

0%

$0

Property Management

15%

$382

CapEx

4%

$102

Vacancy

0%

$0

Maintenance

4%

$102

Other

25%

$637

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4

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1.3 mi

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2

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5

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0.6 mi

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2

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0.9 mi

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$2,850

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5

4

0.6 mi

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$1,100

$110

2

1

0.9 mi

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$2,850

$285

5

4

0.6 mi

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