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1213 State St, Ogdensburg, NY 13669

3 beds • 2 baths • 0 sqft

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This property looks like a bad Airbnb investment with a projected -15.37% first-year return on $54,645 initial cash invested.

-15.37%

Cash On Cash

1.64%

Cap Rate

0.27

DSCR

$1,314

Rent

-$700

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,314 income − $2,014 expenses = $700 out of pocket

Income$1,314Out of Pocket$700Mortgage P&I$88667%Property Taxes$43233%Insurance$655%Management$19715%CapEx$534%Maintenance$534%Other$32825%

Investment Breakdown

|

Purchase Price

$175k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$54,645

Downpayment

20%

$34,900

Closing costs

1%

$1,745

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$1,314

Total Expenses

$2,014

Mortgage P&I

67%

$886

Property Taxes

33%

$432

Home Insurance

5%

$65

HOA

0%

$0

Property Management

15%

$197

CapEx

4%

$53

Vacancy

0%

$0

Maintenance

4%

$53

Other

25%

$328

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