REI Lense

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$3,878 (target)

66 Argyle Ave, Amherst, NY 14226

3 beds • 2 baths • 1639 sqft

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This property might be a fair Mid-Term investment with a projected 2.65% first-year return on $89,274 initial cash invested.

2.65%

Cash On Cash

7.43%

Cap Rate

1.2

DSCR

$3,878

Rent

$197

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,878 income − $3,681 expenses = $197 cash flow

Income$3,878Mortgage P&I$1,74945%Property Taxes$49813%Insurance$1163%Management$46512%CapEx$1554%Vacancy$1163%Maintenance$1554%Other$42711%Cash Flow$197

Investment Breakdown

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Purchase Price

$339k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$89,274

Downpayment

20%

$67,880

Closing costs

1%

$3,394

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,878

Total Expenses

$3,681

Mortgage P&I

45%

$1,749

Property Taxes

13%

$498

Home Insurance

3%

$116

HOA

0%

$0

Property Management

12%

$465

CapEx

4%

$155

Vacancy

3%

$116

Maintenance

4%

$155

Other

11%

$427

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