REI Lense

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$3,034 (target)

74 Leni Ln, Cheektowaga, NY 14225

3 beds • 2 baths • 1316 sqft

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This property might be a fair Mid-Term investment with a projected 1.68% first-year return on $74,448 initial cash invested.

1.68%

Cash On Cash

6.96%

Cap Rate

1.17

DSCR

$3,034

Rent

$104

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,034 income − $2,930 expenses = $104 cash flow

Income$3,034Mortgage P&I$1,33544%Property Taxes$46615%Insurance$983%Management$36412%CapEx$1214%Vacancy$913%Maintenance$1214%Other$33411%Cash Flow$104

Investment Breakdown

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Purchase Price

$269k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$74,448

Downpayment

20%

$53,760

Closing costs

1%

$2,688

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,034

Total Expenses

$2,930

Mortgage P&I

44%

$1,335

Property Taxes

15%

$466

Home Insurance

3%

$98

HOA

0%

$0

Property Management

12%

$364

CapEx

4%

$121

Vacancy

3%

$91

Maintenance

4%

$121

Other

11%

$334

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