REI Lense

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$2,127 (target)

307 W Oak St, Olean, NY 14760

3 beds • 2 baths • 1316 sqft

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This property might be a fair Mid-Term investment with a projected 8.79% first-year return on $51,579 initial cash invested.

8.79%

Cash On Cash

9.62%

Cap Rate

1.57

DSCR

$2,127

Rent

$378

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,127 income − $1,749 expenses = $378 cash flow

Income$2,127Mortgage P&I$81939%Property Taxes$1517%Insurance$563%Management$25512%CapEx$854%Vacancy$643%Maintenance$854%Other$23411%Cash Flow$378

Investment Breakdown

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Purchase Price

$160k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$51,579

Downpayment

20%

$31,980

Closing costs

1%

$1,599

Rehab

0%

$0

Furnishing

11%

$18,000

Cashflow

Total Income

$2,127

Total Expenses

$1,749

Mortgage P&I

39%

$819

Property Taxes

7%

$151

Home Insurance

3%

$56

HOA

0%

$0

Property Management

12%

$255

CapEx

4%

$85

Vacancy

3%

$64

Maintenance

4%

$85

Other

11%

$234

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