REI Lense

REI Lense

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$1,846 (target)

53 Andrews Ave, Cheektowaga, NY 14225

3 beds • 2 baths • 1008 sqft

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This property might be a fair Long-Term investment with a projected 2.56% first-year return on $34,713 initial cash invested.

2.56%

Cash On Cash

7.3%

Cap Rate

1.2

DSCR

$1,846

Rent

$74

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$165k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$34,713

Downpayment

20%

$33,060

Closing costs

1%

$1,653

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,846

Total Expenses

$1,772

Mortgage P&I

45%

$839

Property Taxes

21%

$388

Home Insurance

4%

$65

HOA

0%

$0

Property Management

10%

$185

CapEx

5%

$92

Vacancy

6%

$111

Maintenance

5%

$92

Other

0%

$0

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