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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 -13.25% first-year return on $98,262 initial cash invested.

-13.25%

Cash On Cash

2.62%

Cap Rate

0.46

DSCR

$2,302

Rent

-$1,085

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,302 income − $3,387 expenses = $1,085 out of pocket

Income$2,302Out of Pocket$1,085Mortgage P&I$1,82879%Property Taxes$31814%Insurance$1366%Management$34515%CapEx$924%Maintenance$924%Other$57625%

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

$2,302

Total Expenses

$3,387

Mortgage P&I

79%

$1,828

Property Taxes

14%

$318

Home Insurance

6%

$136

HOA

0%

$0

Property Management

15%

$345

CapEx

4%

$92

Vacancy

0%

$0

Maintenance

4%

$92

Other

25%

$576

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