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38 Ontario St, Buffalo, NY 14207

3 beds • 2 baths • 1625 sqft

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This property could be a profitable Airbnb investment with a projected 42.45% first-year return on $25,980 initial cash invested.

42.45%

Cash On Cash

38.08%

Cap Rate

6.25

DSCR

$2,351

Rent

$919

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,351 income − $1,432 expenses = $919 cash flow

Income$2,351Mortgage P&I$1938%Property Taxes$974%Insurance$131%Management$35315%CapEx$944%Maintenance$944%Other$58825%Cash Flow$919

Investment Breakdown

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Purchase Price

$38,000

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$25,980

Downpayment

20%

$7,600

Closing costs

1%

$380

Rehab

0%

$0

Furnishing

47%

$18,000

Cashflow

Total Income

$2,351

Total Expenses

$1,432

Mortgage P&I

8%

$193

Property Taxes

4%

$97

Home Insurance

1%

$13

HOA

0%

$0

Property Management

15%

$353

CapEx

4%

$94

Vacancy

0%

$0

Maintenance

4%

$94

Other

25%

$588

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