REI Lense

REI Lense

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$1,673 (target)

2709 20th St, Niagara Falls, NY 14305

3 beds • 2 baths • 1484 sqft

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This property could be a profitable Long-Term investment with a projected 44.57% first-year return on $16,800 initial cash invested.

44.57%

Cash On Cash

16.71%

Cap Rate

2.74

DSCR

$1,673

Rent

$624

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$80,000

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$16,800

Downpayment

20%

$16,000

Closing costs

1%

$800

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,673

Total Expenses

$1,049

Mortgage P&I

24%

$406

Property Taxes

9%

$157

Home Insurance

3%

$51

HOA

0%

$0

Property Management

10%

$167

CapEx

5%

$84

Vacancy

6%

$100

Maintenance

5%

$84

Other

0%

$0

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