REI Lense

REI Lense

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$1,757 (target)

297 Dewey Ave, Buffalo, NY 14214

3 beds • 2 baths • 1224 sqft

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This property could be a profitable Long-Term investment with a projected 17.91% first-year return on $28,203 initial cash invested.

17.91%

Cash On Cash

10.82%

Cap Rate

1.73

DSCR

$1,757

Rent

$421

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,757 income − $1,336 expenses = $421 cash flow

Income$1,757Mortgage P&I$70240%Property Taxes$1317%Insurance$463%Management$17610%CapEx$885%Vacancy$1056%Maintenance$885%Cash Flow$421

Investment Breakdown

|

Purchase Price

$134k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$28,203

Downpayment

20%

$26,860

Closing costs

1%

$1,343

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,757

Total Expenses

$1,336

Mortgage P&I

40%

$702

Property Taxes

7%

$131

Home Insurance

3%

$46

HOA

0%

$0

Property Management

10%

$176

CapEx

5%

$88

Vacancy

6%

$105

Maintenance

5%

$88

Other

0%

$0

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