REI Lense

REI Lense

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$2,605 (target)

72 Carmelite Dr, Buffalo, NY 14224

3 beds • 2 baths • 1874 sqft

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This property looks like a bad Long-Term investment with a projected -10.65% first-year return on $76,650 initial cash invested.

-10.65%

Cash On Cash

4.05%

Cap Rate

0.69

DSCR

$2,605

Rent

-$680

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,605 income − $3,285 expenses = $680 out of pocket

Income$2,605Out of Pocket$680Mortgage P&I$1,78368%Property Taxes$69827%Insurance$1285%Management$26010%CapEx$1305%Vacancy$1566%Maintenance$1305%

Investment Breakdown

|

Purchase Price

$365k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$76,650

Downpayment

20%

$73,000

Closing costs

1%

$3,650

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,605

Total Expenses

$3,285

Mortgage P&I

68%

$1,783

Property Taxes

27%

$698

Home Insurance

5%

$128

HOA

0%

$0

Property Management

10%

$260

CapEx

5%

$130

Vacancy

6%

$156

Maintenance

5%

$130

Other

0%

$0

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