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56 Harvey Ave, Lockport, NY 14094

3 beds • 2 baths • 1542 sqft

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This property looks like a bad Airbnb investment with a projected -2.44% first-year return on $59,979 initial cash invested.

-2.44%

Cash On Cash

5.83%

Cap Rate

0.98

DSCR

$2,566

Rent

-$122

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,566 income − $2,688 expenses = $122 out of pocket

Income$2,566Out of Pocket$122Mortgage P&I$99139%Property Taxes$39415%Insurance$703%Management$38515%CapEx$1034%Maintenance$1034%Other$64225%

Investment Breakdown

|

Purchase Price

$200k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$59,979

Downpayment

20%

$39,980

Closing costs

1%

$1,999

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,566

Total Expenses

$2,688

Mortgage P&I

39%

$991

Property Taxes

15%

$394

Home Insurance

3%

$70

HOA

0%

$0

Property Management

15%

$385

CapEx

4%

$103

Vacancy

0%

$0

Maintenance

4%

$103

Other

25%

$642

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