REI Lense

REI Lense

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$1,575 (target)

37 Glor St, Buffalo, NY 14207

3 beds • 2 baths • 1200 sqft

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This property might be a fair Long-Term investment with a projected 9.57% first-year return on $28,581 initial cash invested.

9.57%

Cash On Cash

8.93%

Cap Rate

1.43

DSCR

$1,575

Rent

$228

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,575 income − $1,347 expenses = $228 cash flow

Income$1,575Mortgage P&I$70645%Property Taxes$16510%Insurance$664%Management$15810%CapEx$795%Vacancy$946%Maintenance$795%Cash Flow$228

Investment Breakdown

|

Purchase Price

$136k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$28,581

Downpayment

20%

$27,220

Closing costs

1%

$1,361

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,575

Total Expenses

$1,347

Mortgage P&I

45%

$706

Property Taxes

10%

$165

Home Insurance

4%

$66

HOA

0%

$0

Property Management

10%

$158

CapEx

5%

$79

Vacancy

6%

$94

Maintenance

5%

$79

Other

0%

$0

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