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707 Fletcher St, Tonawanda, NY 14150

3 beds • 2 baths • 1050 sqft

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This property looks like a bad Airbnb investment with a projected -8.94% first-year return on $70,101 initial cash invested.

-8.94%

Cash On Cash

3.86%

Cap Rate

0.65

DSCR

$2,453

Rent

-$522

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,453 income − $2,975 expenses = $522 out of pocket

Income$2,453Out of Pocket$522Mortgage P&I$1,22250%Property Taxes$49620%Insurance$803%Management$36815%CapEx$984%Maintenance$984%Other$61325%

Investment Breakdown

|

Purchase Price

$248k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$70,101

Downpayment

20%

$49,620

Closing costs

1%

$2,481

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,453

Total Expenses

$2,975

Mortgage P&I

50%

$1,222

Property Taxes

20%

$496

Home Insurance

3%

$80

HOA

0%

$0

Property Management

15%

$368

CapEx

4%

$98

Vacancy

0%

$0

Maintenance

4%

$98

Other

25%

$613

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