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1212 Goode Road, Ballston Spa, NY 12020

3 beds • 2 baths • 1648 sqft

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This property looks like a bad Airbnb investment with a projected -10.3% first-year return on $122k initial cash invested.

-10.3%

Cash On Cash

3.75%

Cap Rate

0.64

DSCR

$4,043

Rent

-$1,048

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,043 income − $5,091 expenses = $1,048 out of pocket

Income$4,043Out of Pocket$1,048Mortgage P&I$2,43660%Property Taxes$57414%Insurance$1403%Management$60615%CapEx$1624%Maintenance$1624%Other$1,01125%

Investment Breakdown

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Purchase Price

$496k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$122k

Downpayment

20%

$99,140

Closing costs

1%

$4,957

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,043

Total Expenses

$5,091

Mortgage P&I

60%

$2,436

Property Taxes

14%

$574

Home Insurance

3%

$140

HOA

0%

$0

Property Management

15%

$606

CapEx

4%

$162

Vacancy

0%

$0

Maintenance

4%

$162

Other

25%

$1,011

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