REI Lense

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$1,844 (target)

339 Evans St, North Tonawanda, NY 14120

3 beds • 2 baths • 1380 sqft

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This property looks like a bad Long-Term investment with a projected -8.9% first-year return on $51,933 initial cash invested.

-8.9%

Cash On Cash

4.51%

Cap Rate

0.76

DSCR

$1,844

Rent

-$385

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,844 income − $2,229 expenses = $385 out of pocket

Income$1,844Out of Pocket$385Mortgage P&I$1,22266%Property Taxes$43824%Insurance$905%Management$18410%CapEx$925%Vacancy$1116%Maintenance$925%

Investment Breakdown

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Purchase Price

$247k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$51,933

Downpayment

20%

$49,460

Closing costs

1%

$2,473

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,844

Total Expenses

$2,229

Mortgage P&I

66%

$1,222

Property Taxes

24%

$438

Home Insurance

5%

$90

HOA

0%

$0

Property Management

10%

$184

CapEx

5%

$92

Vacancy

6%

$111

Maintenance

5%

$92

Other

0%

$0

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