REI Lense

REI Lense

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$3,086 (target)

66 Amberwood Dr, Grand Island, NY 14072

3 beds • 3 baths • 2390 sqft

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This property looks like a bad Long-Term investment with a projected -8.13% first-year return on $91,329 initial cash invested.

-8.13%

Cash On Cash

4.56%

Cap Rate

0.78

DSCR

$3,086

Rent

-$619

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,086 income − $3,705 expenses = $619 out of pocket

Income$3,086Out of Pocket$619Mortgage P&I$2,11869%Property Taxes$63321%Insurance$1525%Management$30910%CapEx$1545%Vacancy$1856%Maintenance$1545%

Investment Breakdown

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Purchase Price

$435k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$91,329

Downpayment

20%

$86,980

Closing costs

1%

$4,349

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,086

Total Expenses

$3,705

Mortgage P&I

69%

$2,118

Property Taxes

21%

$633

Home Insurance

5%

$152

HOA

0%

$0

Property Management

10%

$309

CapEx

5%

$154

Vacancy

6%

$185

Maintenance

5%

$154

Other

0%

$0

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