REI Lense

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$3,406 (target)

78 Donald Dr, Cheektowaga, NY 14225

3 beds • 2 baths • 1510 sqft

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This property might be a fair Mid-Term investment with a projected 2.47% first-year return on $79,131 initial cash invested.

2.47%

Cash On Cash

7.52%

Cap Rate

1.2

DSCR

$3,406

Rent

$163

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,406 income − $3,243 expenses = $163 cash flow

Income$3,406Mortgage P&I$1,52645%Property Taxes$45413%Insurance$1053%Management$40912%CapEx$1364%Vacancy$1023%Maintenance$1364%Other$37511%Cash Flow$163

Investment Breakdown

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Purchase Price

$291k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$79,131

Downpayment

20%

$58,220

Closing costs

1%

$2,911

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,406

Total Expenses

$3,243

Mortgage P&I

45%

$1,526

Property Taxes

13%

$454

Home Insurance

3%

$105

HOA

0%

$0

Property Management

12%

$409

CapEx

4%

$136

Vacancy

3%

$102

Maintenance

4%

$136

Other

11%

$375

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