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$3,093 (target)

89 Homeworth Pkwy, Cheektowaga, NY 14225

3 beds • 2 baths • 1447 sqft

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This property looks like a bad Mid-Term investment with a projected -3.06% first-year return on $88,140 initial cash invested.

-3.06%

Cash On Cash

5.5%

Cap Rate

0.94

DSCR

$3,093

Rent

-$225

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,093 income − $3,318 expenses = $225 out of pocket

Income$3,093Out of Pocket$225Mortgage P&I$1,63253%Property Taxes$52017%Insurance$1144%Management$37112%CapEx$1244%Vacancy$933%Maintenance$1244%Other$34011%

Investment Breakdown

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Purchase Price

$334k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$88,140

Downpayment

20%

$66,800

Closing costs

1%

$3,340

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,093

Total Expenses

$3,318

Mortgage P&I

53%

$1,632

Property Taxes

17%

$520

Home Insurance

4%

$114

HOA

0%

$0

Property Management

12%

$371

CapEx

4%

$124

Vacancy

3%

$93

Maintenance

4%

$124

Other

11%

$340

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