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538 Bird Ave, Buffalo, NY 14222

4 beds • 3 baths • 2544 sqft

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This property looks like a bad Airbnb investment with a projected -10.24% first-year return on $137k initial cash invested.

-10.24%

Cash On Cash

3.63%

Cap Rate

0.62

DSCR

$3,990

Rent

-$1,172

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$540k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$137k

Downpayment

20%

$108k

Closing costs

1%

$5,399

Rehab

0%

$0

Furnishing

4%

$24,000

Cashflow

Total Income

$3,990

Total Expenses

$5,162

Mortgage P&I

66%

$2,647

Property Taxes

10%

$410

Home Insurance

5%

$189

HOA

0%

$0

Property Management

15%

$598

CapEx

4%

$160

Vacancy

0%

$0

Maintenance

4%

$160

Other

25%

$998

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Comparable Property

Rent

ADR

Beds

Baths

Distance

Family home in the Elmwood Village

$3,492

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4

3.5

0.08 mi

4 Bed 2.5 Bath Center of Elmwood Village

$3,817

$141

4

2.5

0.53 mi

Beautiful Home for Whole Family!

$10,937

$404

4

2

0.47 mi

Great home in the heart of Elmwood Village

$3,086

$114

4

2

0.63 mi

104 W Rancho Del Cerro

$2,500

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4

2

1.3 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

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