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42 Glendale Ln, Cheektowaga, NY 14225

3 beds • 2 baths • 910 sqft

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This property looks like a bad Airbnb investment with a projected -4.25% first-year return on $68,379 initial cash invested.

-4.25%

Cash On Cash

5.3%

Cap Rate

0.89

DSCR

$2,835

Rent

-$242

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,835 income − $3,077 expenses = $242 out of pocket

Income$2,835Out of Pocket$242Mortgage P&I$1,18942%Property Taxes$44416%Insurance$843%Management$42515%CapEx$1134%Maintenance$1134%Other$70925%

Investment Breakdown

|

Purchase Price

$240k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,379

Downpayment

20%

$47,980

Closing costs

1%

$2,399

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,835

Total Expenses

$3,077

Mortgage P&I

42%

$1,189

Property Taxes

16%

$444

Home Insurance

3%

$84

HOA

0%

$0

Property Management

15%

$425

CapEx

4%

$113

Vacancy

0%

$0

Maintenance

4%

$113

Other

25%

$709

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