REI Lense

REI Lense

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$2,769 (target)

53 Andrews Ave, Cheektowaga, NY 14225

3 beds • 2 baths • 1008 sqft

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This property could be a profitable Mid-Term investment with a projected 12.18% first-year return on $52,713 initial cash invested.

12.18%

Cash On Cash

10.78%

Cap Rate

1.77

DSCR

$2,769

Rent

$535

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

$52,713

Downpayment

20%

$33,060

Closing costs

1%

$1,653

Rehab

0%

$0

Furnishing

11%

$18,000

Cashflow

Total Income

$2,769

Total Expenses

$2,234

Mortgage P&I

30%

$839

Property Taxes

14%

$388

Home Insurance

2%

$65

HOA

0%

$0

Property Management

12%

$332

CapEx

4%

$111

Vacancy

3%

$83

Maintenance

4%

$111

Other

11%

$305

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