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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 -1.94% first-year return on $59,979 initial cash invested.

-1.94%

Cash On Cash

6%

Cap Rate

1.01

DSCR

$2,614

Rent

-$97

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,614 income − $2,711 expenses = $97 out of pocket

Income$2,614Out of Pocket$97Mortgage P&I$99138%Property Taxes$39415%Insurance$703%Management$39215%CapEx$1054%Maintenance$1054%Other$65425%

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

$2,614

Total Expenses

$2,711

Mortgage P&I

38%

$991

Property Taxes

15%

$394

Home Insurance

3%

$70

HOA

0%

$0

Property Management

15%

$392

CapEx

4%

$105

Vacancy

0%

$0

Maintenance

4%

$105

Other

25%

$654

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