REI Lense

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$3,774 (target)

253 Lorfield Dr, Amherst, NY 14226

3 beds • 2 baths • 1460 sqft

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This property might be a fair Mid-Term investment with a projected 2.56% first-year return on $86,796 initial cash invested.

2.56%

Cash On Cash

7.32%

Cap Rate

1.2

DSCR

$3,774

Rent

$185

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,774 income − $3,589 expenses = $185 cash flow

Income$3,774Mortgage P&I$1,66144%Property Taxes$53014%Insurance$1153%Management$45312%CapEx$1514%Vacancy$1133%Maintenance$1514%Other$41511%Cash Flow$185

Investment Breakdown

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Purchase Price

$328k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,796

Downpayment

20%

$65,520

Closing costs

1%

$3,276

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,774

Total Expenses

$3,589

Mortgage P&I

44%

$1,661

Property Taxes

14%

$530

Home Insurance

3%

$115

HOA

0%

$0

Property Management

12%

$453

CapEx

4%

$151

Vacancy

3%

$113

Maintenance

4%

$151

Other

11%

$415

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