REI Lense

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$2,781 (target)

926 Morley Ave, Niagara Falls, NY 14305

3 beds • 3 baths • 1264 sqft

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This property might be a fair Mid-Term investment with a projected 1.69% first-year return on $72,285 initial cash invested.

1.69%

Cash On Cash

7.08%

Cap Rate

1.16

DSCR

$2,781

Rent

$102

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,781 income − $2,679 expenses = $102 cash flow

Income$2,781Mortgage P&I$1,31347%Property Taxes$33712%Insurance$843%Management$33412%CapEx$1114%Vacancy$833%Maintenance$1114%Other$30611%Cash Flow$102

Investment Breakdown

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Purchase Price

$259k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$72,285

Downpayment

20%

$51,700

Closing costs

1%

$2,585

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,781

Total Expenses

$2,679

Mortgage P&I

47%

$1,313

Property Taxes

12%

$337

Home Insurance

3%

$84

HOA

0%

$0

Property Management

12%

$334

CapEx

4%

$111

Vacancy

3%

$83

Maintenance

4%

$111

Other

11%

$306

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