REI Lense

REI Lense

Unlock all features! Tap here to upgrade

7624 Lake Meadow Dr, Ontario, NY 14519

3 beds • 3 baths • 1645 sqft

Email

This property looks like a bad Airbnb investment with a projected -8.71% first-year return on $91,479 initial cash invested.

-8.71%

Cash On Cash

4.3%

Cap Rate

0.7

DSCR

$3,459

Rent

-$664

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,459 income − $4,123 expenses = $664 out of pocket

Income$3,459Out of Pocket$664Mortgage P&I$1,78051%Property Taxes$56116%Insurance$1224%Management$51915%CapEx$1384%Maintenance$1384%Other$86525%

Investment Breakdown

|

Purchase Price

$350k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$91,479

Downpayment

20%

$69,980

Closing costs

1%

$3,499

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,459

Total Expenses

$4,123

Mortgage P&I

51%

$1,780

Property Taxes

16%

$561

Home Insurance

4%

$122

HOA

0%

$0

Property Management

15%

$519

CapEx

4%

$138

Vacancy

0%

$0

Maintenance

4%

$138

Other

25%

$865

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis