REI Lense

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$1,796 (target)

567 74th St, Niagara Falls, NY 14304

3 beds • 2 baths • 1008 sqft

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This property could be a profitable Long-Term investment with a projected 12.07% first-year return on $31,605 initial cash invested.

12.07%

Cash On Cash

9.34%

Cap Rate

1.53

DSCR

$1,796

Rent

$318

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,796 income − $1,478 expenses = $318 cash flow

Income$1,796Mortgage P&I$76443%Property Taxes$18610%Insurance$603%Management$18010%CapEx$905%Vacancy$1086%Maintenance$905%Cash Flow$318

Investment Breakdown

|

Purchase Price

$151k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$31,605

Downpayment

20%

$30,100

Closing costs

1%

$1,505

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,796

Total Expenses

$1,478

Mortgage P&I

43%

$764

Property Taxes

10%

$186

Home Insurance

3%

$60

HOA

0%

$0

Property Management

10%

$180

CapEx

5%

$90

Vacancy

6%

$108

Maintenance

5%

$90

Other

0%

$0

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