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6994 Tonawanda Creek Rd, Lockport, NY 14094

3 beds • 2 baths • 1686 sqft

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This property looks like a bad Airbnb investment with a projected -7.95% first-year return on $98,262 initial cash invested.

-7.95%

Cash On Cash

4.09%

Cap Rate

0.71

DSCR

$3,135

Rent

-$651

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$382k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$98,262

Downpayment

20%

$76,440

Closing costs

1%

$3,822

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,135

Total Expenses

$3,786

Mortgage P&I

58%

$1,828

Property Taxes

10%

$318

Home Insurance

4%

$136

HOA

0%

$0

Property Management

15%

$470

CapEx

4%

$125

Vacancy

0%

$0

Maintenance

4%

$125

Other

25%

$784

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