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16 Lake Road, Albany, NY 12205

3 beds • 2 baths • 1654 sqft

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This property might be a fair Airbnb investment with a projected 1.64% first-year return on $71,550 initial cash invested.

1.64%

Cash On Cash

7.08%

Cap Rate

1.18

DSCR

$3,257

Rent

$98

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,257 income − $3,159 expenses = $98 cash flow

Income$3,257Mortgage P&I$1,27639%Property Taxes$2317%Insurance$893%Management$48915%CapEx$1304%Maintenance$1304%Other$81425%Cash Flow$98

Investment Breakdown

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Purchase Price

$255k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$71,550

Downpayment

20%

$51,000

Closing costs

1%

$2,550

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,257

Total Expenses

$3,159

Mortgage P&I

39%

$1,276

Property Taxes

7%

$231

Home Insurance

3%

$89

HOA

0%

$0

Property Management

15%

$489

CapEx

4%

$130

Vacancy

0%

$0

Maintenance

4%

$130

Other

25%

$814

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