REI Lense

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$2,427 (target)

418 Washburn St, Lockport, NY 14094

3 beds • 2 baths • 1276 sqft

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This property could be a profitable Mid-Term investment with a projected 13.04% first-year return on $50,256 initial cash invested.

13.04%

Cash On Cash

11.12%

Cap Rate

1.82

DSCR

$2,427

Rent

$546

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,427 income − $1,881 expenses = $546 cash flow

Income$2,427Mortgage P&I$78032%Property Taxes$2209%Insurance$562%Management$29112%CapEx$974%Vacancy$733%Maintenance$974%Other$26711%Cash Flow$546

Investment Breakdown

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Purchase Price

$154k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$50,256

Downpayment

20%

$30,720

Closing costs

1%

$1,536

Rehab

0%

$0

Furnishing

12%

$18,000

Cashflow

Total Income

$2,427

Total Expenses

$1,881

Mortgage P&I

32%

$780

Property Taxes

9%

$220

Home Insurance

2%

$56

HOA

0%

$0

Property Management

12%

$291

CapEx

4%

$97

Vacancy

3%

$73

Maintenance

4%

$97

Other

11%

$267

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