REI Lense

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$2,877 (target)

65 Leni Ln, Cheektowaga, NY 14225

3 beds • 2 baths • 1344 sqft

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This property might be a fair Mid-Term investment with a projected 0.18% first-year return on $71,655 initial cash invested.

0.18%

Cash On Cash

6.5%

Cap Rate

1.1

DSCR

$2,877

Rent

$11

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,877 income − $2,866 expenses = $11 cash flow

Income$2,877Mortgage P&I$1,25944%Property Taxes$52818%Insurance$1024%Management$34512%CapEx$1154%Vacancy$863%Maintenance$1154%Other$31611%Cash Flow$11

Investment Breakdown

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Purchase Price

$256k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$71,655

Downpayment

20%

$51,100

Closing costs

1%

$2,555

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,877

Total Expenses

$2,866

Mortgage P&I

44%

$1,259

Property Taxes

18%

$528

Home Insurance

4%

$102

HOA

0%

$0

Property Management

12%

$345

CapEx

4%

$115

Vacancy

3%

$86

Maintenance

4%

$115

Other

11%

$316

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