REI Lense

REI Lense

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$1,942 (target)

651 Pasadena Ave, Niagara Falls, NY 14304

3 beds • 2 baths • 1242 sqft

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This property could be a profitable Long-Term investment with a projected 12.47% first-year return on $35,700 initial cash invested.

12.47%

Cash On Cash

9.4%

Cap Rate

1.54

DSCR

$1,942

Rent

$371

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,942 income − $1,571 expenses = $371 cash flow

Income$1,942Mortgage P&I$86344%Property Taxes$19610%Insurance$7Management$19410%CapEx$975%Vacancy$1176%Maintenance$975%Cash Flow$371

Investment Breakdown

|

Purchase Price

$170k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$35,700

Downpayment

20%

$34,000

Closing costs

1%

$1,700

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,942

Total Expenses

$1,571

Mortgage P&I

44%

$863

Property Taxes

10%

$196

Home Insurance

0%

$7

HOA

0%

$0

Property Management

10%

$194

CapEx

5%

$97

Vacancy

6%

$117

Maintenance

5%

$97

Other

0%

$0

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