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11 Thoroughbred Drive, Saratoga Springs, NY 12866

3 beds • 3 baths • 2252 sqft

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This property looks like a bad Airbnb investment with a projected -8.55% first-year return on $161k initial cash invested.

-8.55%

Cash On Cash

4.43%

Cap Rate

0.74

DSCR

$6,480

Rent

-$1,146

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,480 income − $7,626 expenses = $1,146 out of pocket

Income$6,480Out of Pocket$1,146Mortgage P&I$3,40052%Property Taxes$79012%Insurance$2454%HOA$811%Management$97215%CapEx$2594%Maintenance$2594%Other$1,62025%

Investment Breakdown

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Purchase Price

$680k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$161k

Downpayment

20%

$136k

Closing costs

1%

$6,803

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$6,480

Total Expenses

$7,626

Mortgage P&I

52%

$3,400

Property Taxes

12%

$790

Home Insurance

4%

$245

HOA

1%

$81

Property Management

15%

$972

CapEx

4%

$259

Vacancy

0%

$0

Maintenance

4%

$259

Other

25%

$1,620

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