REI Lense

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$3,218 (target)

245 Woodridge Ave, Cheektowaga, NY 14225

3 beds • 2 baths • 1633 sqft

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This property looks like a bad Mid-Term investment with a projected -1.7% first-year return on $85,557 initial cash invested.

-1.7%

Cash On Cash

5.97%

Cap Rate

1.01

DSCR

$3,218

Rent

-$121

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,218 income − $3,339 expenses = $121 out of pocket

Income$3,218Out of Pocket$121Mortgage P&I$1,59350%Property Taxes$54617%Insurance$1053%Management$38612%CapEx$1294%Vacancy$973%Maintenance$1294%Other$35411%

Investment Breakdown

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Purchase Price

$322k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$85,557

Downpayment

20%

$64,340

Closing costs

1%

$3,217

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,218

Total Expenses

$3,339

Mortgage P&I

50%

$1,593

Property Taxes

17%

$546

Home Insurance

3%

$105

HOA

0%

$0

Property Management

12%

$386

CapEx

4%

$129

Vacancy

3%

$97

Maintenance

4%

$129

Other

11%

$354

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