REI Lense

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149 White Road, Ballston Spa, NY 12020

3 beds • 3 baths • 2160 sqft

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This property looks like a bad Airbnb investment with a projected -15.48% first-year return on $160k initial cash invested.

-15.48%

Cash On Cash

2.46%

Cap Rate

0.42

DSCR

$3,862

Rent

-$2,068

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$678k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$160k

Downpayment

20%

$136k

Closing costs

1%

$6,777

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,862

Total Expenses

$5,930

Mortgage P&I

86%

$3,302

Property Taxes

14%

$530

Home Insurance

6%

$245

HOA

0%

$0

Property Management

15%

$579

CapEx

4%

$154

Vacancy

0%

$0

Maintenance

4%

$154

Other

25%

$966

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