REI Lense

REI Lense

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$2,815 (target)

635 Lynbrook Ave, Tonawanda, NY 14150

3 beds • 3 baths • 1855 sqft

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This property looks like a bad Long-Term investment with a projected -1.78% first-year return on $65,562 initial cash invested.

-1.78%

Cash On Cash

5.98%

Cap Rate

1.03

DSCR

$2,815

Rent

-$97

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,815 income − $2,912 expenses = $97 out of pocket

Income$2,815Out of Pocket$97Mortgage P&I$1,51354%Property Taxes$53319%Insurance$1335%Management$28210%CapEx$1415%Vacancy$1696%Maintenance$1415%

Investment Breakdown

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Purchase Price

$312k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$65,562

Downpayment

20%

$62,440

Closing costs

1%

$3,122

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,815

Total Expenses

$2,912

Mortgage P&I

54%

$1,513

Property Taxes

19%

$533

Home Insurance

5%

$133

HOA

0%

$0

Property Management

10%

$282

CapEx

5%

$141

Vacancy

6%

$169

Maintenance

5%

$141

Other

0%

$0

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