REI Lense

REI Lense

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$2,080 (target)

96 Cresthill Ave, Tonawanda, NY 14150

3 beds • 2 baths • 1454 sqft

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This property looks like a bad Long-Term investment with a projected -11.48% first-year return on $68,271 initial cash invested.

-11.48%

Cash On Cash

3.88%

Cap Rate

0.66

DSCR

$2,080

Rent

-$653

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,080 income − $2,733 expenses = $653 out of pocket

Income$2,080Out of Pocket$653Mortgage P&I$1,60177%Property Taxes$49324%Insurance$985%Management$20810%CapEx$1045%Vacancy$1256%Maintenance$1045%

Investment Breakdown

|

Purchase Price

$325k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,271

Downpayment

20%

$65,020

Closing costs

1%

$3,251

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,080

Total Expenses

$2,733

Mortgage P&I

77%

$1,601

Property Taxes

24%

$493

Home Insurance

5%

$98

HOA

0%

$0

Property Management

10%

$208

CapEx

5%

$104

Vacancy

6%

$125

Maintenance

5%

$104

Other

0%

$0

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