REI Lense

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$2,904 (target)

6975 Michael Rd, Orchard Park, NY 14127

3 beds • 2 baths • 1176 sqft

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This property looks like a bad Mid-Term investment with a projected -2.89% first-year return on $85,158 initial cash invested.

-2.89%

Cash On Cash

5.67%

Cap Rate

0.94

DSCR

$2,904

Rent

-$205

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,904 income − $3,109 expenses = $205 out of pocket

Income$2,904Out of Pocket$205Mortgage P&I$1,60055%Property Taxes$41114%Insurance$1124%Management$34812%CapEx$1164%Vacancy$873%Maintenance$1164%Other$31911%

Investment Breakdown

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Purchase Price

$320k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$85,158

Downpayment

20%

$63,960

Closing costs

1%

$3,198

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,904

Total Expenses

$3,109

Mortgage P&I

55%

$1,600

Property Taxes

14%

$411

Home Insurance

4%

$112

HOA

0%

$0

Property Management

12%

$348

CapEx

4%

$116

Vacancy

3%

$87

Maintenance

4%

$116

Other

11%

$319

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