REI Lense

REI Lense

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$1,519 (target)

493 Hyde Park Blvd, Niagara Falls, NY 14303

3 beds • 2 baths • 1040 sqft

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This property might be a fair Long-Term investment with a projected 4.19% first-year return on $32,382 initial cash invested.

4.19%

Cash On Cash

7.56%

Cap Rate

1.24

DSCR

$1,519

Rent

$113

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,519 income − $1,406 expenses = $113 cash flow

Income$1,519Mortgage P&I$78352%Property Taxes$17411%Insurance$544%Management$15210%CapEx$765%Vacancy$916%Maintenance$765%Cash Flow$113

Investment Breakdown

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Purchase Price

$154k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$32,382

Downpayment

20%

$30,840

Closing costs

1%

$1,542

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,519

Total Expenses

$1,406

Mortgage P&I

52%

$783

Property Taxes

11%

$174

Home Insurance

4%

$54

HOA

0%

$0

Property Management

10%

$152

CapEx

5%

$76

Vacancy

6%

$91

Maintenance

5%

$76

Other

0%

$0

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