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1356 Belmont Avenue, Schenectady, NY 12308

3 beds • 2 baths • 1706 sqft

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This property looks like a bad Airbnb investment with a projected -13.33% first-year return on $81,588 initial cash invested.

-13.33%

Cash On Cash

2.62%

Cap Rate

0.45

DSCR

$2,481

Rent

-$906

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,481 income − $3,387 expenses = $906 out of pocket

Income$2,481Out of Pocket$906Mortgage P&I$1,46959%Property Taxes$62325%Insurance$1054%Management$37215%CapEx$994%Maintenance$994%Other$62025%

Investment Breakdown

|

Purchase Price

$303k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$81,588

Downpayment

20%

$60,560

Closing costs

1%

$3,028

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,481

Total Expenses

$3,387

Mortgage P&I

59%

$1,469

Property Taxes

25%

$623

Home Insurance

4%

$105

HOA

0%

$0

Property Management

15%

$372

CapEx

4%

$99

Vacancy

0%

$0

Maintenance

4%

$99

Other

25%

$620

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