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4564 E River Rd, Grand island, NY 14072

3 beds • 3 baths • 1864 sqft

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This property looks like a bad Airbnb investment with a projected -22.56% first-year return on $142k initial cash invested.

-22.56%

Cash On Cash

0.72%

Cap Rate

0.12

DSCR

$2,216

Rent

-$2,667

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,216 income − $4,883 expenses = $2,667 out of pocket

Income$2,216Out of Pocket$2,667Mortgage P&I$2,930132%Property Taxes$68331%Insurance$2069%Management$33215%CapEx$894%Maintenance$894%Other$55425%

Investment Breakdown

|

Purchase Price

$590k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$142k

Downpayment

20%

$118k

Closing costs

1%

$5,899

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$2,216

Total Expenses

$4,883

Mortgage P&I

132%

$2,930

Property Taxes

31%

$683

Home Insurance

9%

$206

HOA

0%

$0

Property Management

15%

$332

CapEx

4%

$89

Vacancy

0%

$0

Maintenance

4%

$89

Other

25%

$554

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