REI Lense

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942 Harrison Ave, Niagara Falls, NY 14305

3 beds • 2 baths • 1760 sqft

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This property looks like a bad Airbnb investment with a projected -10.88% first-year return on $85,137 initial cash invested.

-10.88%

Cash On Cash

3.23%

Cap Rate

0.56

DSCR

$2,604

Rent

-$772

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$320k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$85,137

Downpayment

20%

$63,940

Closing costs

1%

$3,197

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,604

Total Expenses

$3,376

Mortgage P&I

59%

$1,529

Property Taxes

19%

$483

Home Insurance

4%

$114

HOA

0%

$0

Property Management

15%

$391

CapEx

4%

$104

Vacancy

0%

$0

Maintenance

4%

$104

Other

25%

$651

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