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55 Lake Ledge Dr, Williamsville, NY 14221

3 beds • 2 baths • 1986 sqft

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This property looks like a bad Airbnb investment with a projected -5.46% first-year return on $95,532 initial cash invested.

-5.46%

Cash On Cash

5.13%

Cap Rate

0.86

DSCR

$4,347

Rent

-$435

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,347 income − $4,782 expenses = $435 out of pocket

Income$4,347Out of Pocket$435Mortgage P&I$1,83942%Property Taxes$70716%Insurance$1493%Management$65215%CapEx$1744%Maintenance$1744%Other$1,08725%

Investment Breakdown

|

Purchase Price

$369k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$95,532

Downpayment

20%

$73,840

Closing costs

1%

$3,692

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,347

Total Expenses

$4,782

Mortgage P&I

42%

$1,839

Property Taxes

16%

$707

Home Insurance

3%

$149

HOA

0%

$0

Property Management

15%

$652

CapEx

4%

$174

Vacancy

0%

$0

Maintenance

4%

$174

Other

25%

$1,087

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