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2616 Stony Point Rd, Grand Island, NY 14072

3 beds • 2 baths • 1432 sqft

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This property looks like a bad Airbnb investment with a projected -5.7% first-year return on $85,935 initial cash invested.

-5.7%

Cash On Cash

4.7%

Cap Rate

0.82

DSCR

$3,296

Rent

-$408

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$324k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$85,935

Downpayment

20%

$64,700

Closing costs

1%

$3,235

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,296

Total Expenses

$3,704

Mortgage P&I

47%

$1,543

Property Taxes

15%

$485

Home Insurance

3%

$94

HOA

0%

$0

Property Management

15%

$494

CapEx

4%

$132

Vacancy

0%

$0

Maintenance

4%

$132

Other

25%

$824

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