REI Lense

REI Lense

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$2,635 (target)

246 Willow Green Dr, Amherst, NY 14228

3 beds • 2 baths • 1744 sqft

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This property looks like a bad Long-Term investment with a projected -8.17% first-year return on $77,406 initial cash invested.

-8.17%

Cash On Cash

4.58%

Cap Rate

0.78

DSCR

$2,635

Rent

-$527

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,635 income − $3,162 expenses = $527 out of pocket

Income$2,635Out of Pocket$527Mortgage P&I$1,80168%Property Taxes$55321%Insurance$1225%Management$26410%CapEx$1325%Vacancy$1586%Maintenance$1325%

Investment Breakdown

|

Purchase Price

$369k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$77,406

Downpayment

20%

$73,720

Closing costs

1%

$3,686

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,635

Total Expenses

$3,162

Mortgage P&I

68%

$1,801

Property Taxes

21%

$553

Home Insurance

5%

$122

HOA

0%

$0

Property Management

10%

$264

CapEx

5%

$132

Vacancy

6%

$158

Maintenance

5%

$132

Other

0%

$0

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