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283 Barbados Dr, Cheektowaga, NY 14227

3 beds • 2 baths • 1352 sqft

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This property looks like a bad Airbnb investment with a projected -10.1% first-year return on $84,213 initial cash invested.

-10.1%

Cash On Cash

3.68%

Cap Rate

0.62

DSCR

$2,623

Rent

-$709

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,623 income − $3,332 expenses = $709 out of pocket

Income$2,623Out of Pocket$709Mortgage P&I$1,57060%Property Taxes$39815%Insurance$1054%Management$39315%CapEx$1054%Maintenance$1054%Other$65625%

Investment Breakdown

|

Purchase Price

$315k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$84,213

Downpayment

20%

$63,060

Closing costs

1%

$3,153

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,623

Total Expenses

$3,332

Mortgage P&I

60%

$1,570

Property Taxes

15%

$398

Home Insurance

4%

$105

HOA

0%

$0

Property Management

15%

$393

CapEx

4%

$105

Vacancy

0%

$0

Maintenance

4%

$105

Other

25%

$656

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