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12 Lancestire Drive, Queensbury, NY 12804

3 beds • 3 baths • 1677 sqft

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This property looks like a bad Airbnb investment with a projected -7.38% first-year return on $99,690 initial cash invested.

-7.38%

Cash On Cash

4.52%

Cap Rate

0.76

DSCR

$3,652

Rent

-$613

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,652 income − $4,265 expenses = $613 out of pocket

Income$3,652Out of Pocket$613Mortgage P&I$1,93353%Property Taxes$44312%Insurance$1364%Management$54815%CapEx$1464%Maintenance$1464%Other$91325%

Investment Breakdown

|

Purchase Price

$389k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$99,690

Downpayment

20%

$77,800

Closing costs

1%

$3,890

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,652

Total Expenses

$4,265

Mortgage P&I

53%

$1,933

Property Taxes

12%

$443

Home Insurance

4%

$136

HOA

0%

$0

Property Management

15%

$548

CapEx

4%

$146

Vacancy

0%

$0

Maintenance

4%

$146

Other

25%

$913

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