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2960 Love Rd, Grand Island, NY 14072

3 beds • 2 baths • 1650 sqft

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This property looks like a bad Airbnb investment with a projected -1.32% first-year return on $68,379 initial cash invested.

-1.32%

Cash On Cash

5.92%

Cap Rate

1.04

DSCR

$3,083

Rent

-$75

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$240k

Downpayment

20.0%

Interest Rate

5.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,379

Downpayment

20%

$47,980

Closing costs

1%

$2,399

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$3,083

Total Expenses

$3,158

Mortgage P&I

37%

$1,135

Property Taxes

15%

$460

Home Insurance

3%

$84

HOA

0%

$0

Property Management

15%

$462

CapEx

4%

$123

Vacancy

0%

$0

Maintenance

4%

$123

Other

25%

$771

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