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500 Ostrander Rd, Elma, NY 14052

3 beds • 2 baths • 1100 sqft

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This property might be a fair Airbnb investment with a projected 7.35% first-year return on $87,300 initial cash invested.

7.35%

Cash On Cash

8.42%

Cap Rate

1.46

DSCR

$4,946

Rent

$535

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,946 income − $4,411 expenses = $535 cash flow

Income$4,946Mortgage P&I$1,58232%Property Taxes$3397%Insurance$1162%Management$74215%CapEx$1984%Maintenance$1984%Other$1,23625%Cash Flow$535

Investment Breakdown

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Purchase Price

$330k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$87,300

Downpayment

20%

$66,000

Closing costs

1%

$3,300

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,946

Total Expenses

$4,411

Mortgage P&I

32%

$1,582

Property Taxes

7%

$339

Home Insurance

2%

$116

HOA

0%

$0

Property Management

15%

$742

CapEx

4%

$198

Vacancy

0%

$0

Maintenance

4%

$198

Other

25%

$1,236

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