REI Lense

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$3,520 (target)

4906 Meyer Rd, North Tonawanda, NY 14120

3 beds • 2 baths • 1410 sqft

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This property might be a fair Mid-Term investment with a projected 5.33% first-year return on $80,979 initial cash invested.

5.33%

Cash On Cash

7.94%

Cap Rate

1.34

DSCR

$3,520

Rent

$360

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,520 income − $3,160 expenses = $360 cash flow

Income$3,520Mortgage P&I$1,48442%Property Taxes$37411%Insurance$1053%Management$42212%CapEx$1414%Vacancy$1063%Maintenance$1414%Other$38711%Cash Flow$360

Investment Breakdown

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Purchase Price

$300k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$80,979

Downpayment

20%

$59,980

Closing costs

1%

$2,999

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,520

Total Expenses

$3,160

Mortgage P&I

42%

$1,484

Property Taxes

11%

$374

Home Insurance

3%

$105

HOA

0%

$0

Property Management

12%

$422

CapEx

4%

$141

Vacancy

3%

$106

Maintenance

4%

$141

Other

11%

$387

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