REI Lense

REI Lense

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$2,418 (target)

821 College Ter, Niagara Falls, NY 14305

3 beds • 3 baths • 2366 sqft

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This property looks like a bad Long-Term investment with a projected -11.25% first-year return on $73,479 initial cash invested.

-11.25%

Cash On Cash

3.96%

Cap Rate

0.67

DSCR

$2,418

Rent

-$689

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,418 income − $3,107 expenses = $689 out of pocket

Income$2,418Out of Pocket$689Mortgage P&I$1,72471%Property Taxes$63226%Insurance$1225%Management$24210%CapEx$1215%Vacancy$1456%Maintenance$1215%

Investment Breakdown

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Purchase Price

$350k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$73,479

Downpayment

20%

$69,980

Closing costs

1%

$3,499

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,418

Total Expenses

$3,107

Mortgage P&I

71%

$1,724

Property Taxes

26%

$632

Home Insurance

5%

$122

HOA

0%

$0

Property Management

10%

$242

CapEx

5%

$121

Vacancy

6%

$145

Maintenance

5%

$121

Other

0%

$0

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