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284 Burke Dr, Cheektowaga, NY 14215

3 beds • 2 baths • 1258 sqft

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This property looks like a bad Airbnb investment with a projected -10.45% first-year return on $88,056 initial cash invested.

-10.45%

Cash On Cash

3.53%

Cap Rate

0.6

DSCR

$2,862

Rent

-$767

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$334k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$88,056

Downpayment

20%

$66,720

Closing costs

1%

$3,336

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,862

Total Expenses

$3,629

Mortgage P&I

57%

$1,635

Property Taxes

18%

$505

Home Insurance

4%

$116

HOA

0%

$0

Property Management

15%

$429

CapEx

4%

$114

Vacancy

0%

$0

Maintenance

4%

$114

Other

25%

$716

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