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60 Old Falls Blvd, North Tonawanda, NY 14120

3 beds • 2 baths • 2192 sqft

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This property looks like a bad Airbnb investment with a projected -19.36% first-year return on $118k initial cash invested.

-19.36%

Cash On Cash

1.25%

Cap Rate

0.22

DSCR

$2,798

Rent

-$1,903

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,798 income − $4,701 expenses = $1,903 out of pocket

Income$2,798Out of Pocket$1,903Mortgage P&I$2,28582%Property Taxes$91533%Insurance$1576%Management$42015%CapEx$1124%Maintenance$1124%Other$70025%

Investment Breakdown

|

Purchase Price

$476k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$118k

Downpayment

20%

$95,180

Closing costs

1%

$4,759

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,798

Total Expenses

$4,701

Mortgage P&I

82%

$2,285

Property Taxes

33%

$915

Home Insurance

6%

$157

HOA

0%

$0

Property Management

15%

$420

CapEx

4%

$112

Vacancy

0%

$0

Maintenance

4%

$112

Other

25%

$700

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