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89 Homeworth Pkwy, Cheektowaga, NY 14225

3 beds • 2 baths • 1447 sqft

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This property looks like a bad Airbnb investment with a projected -12.92% first-year return on $81,336 initial cash invested.

-12.92%

Cash On Cash

2.86%

Cap Rate

0.48

DSCR

$2,399

Rent

-$876

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,399 income − $3,275 expenses = $876 out of pocket

Income$2,399Out of Pocket$876Mortgage P&I$1,49862%Property Taxes$52022%Insurance$1054%Management$36015%CapEx$964%Maintenance$964%Other$60025%

Investment Breakdown

|

Purchase Price

$302k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$81,336

Downpayment

20%

$60,320

Closing costs

1%

$3,016

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,399

Total Expenses

$3,275

Mortgage P&I

62%

$1,498

Property Taxes

22%

$520

Home Insurance

4%

$105

HOA

0%

$0

Property Management

15%

$360

CapEx

4%

$96

Vacancy

0%

$0

Maintenance

4%

$96

Other

25%

$600

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