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1677 Melkerson Dr, Ontario, NY 14519

3 beds • 2 baths • 1778 sqft

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This property looks like a bad Airbnb investment with a projected -16.14% first-year return on $96,750 initial cash invested.

-16.14%

Cash On Cash

2.12%

Cap Rate

0.36

DSCR

$2,618

Rent

-$1,301

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,618 income − $3,919 expenses = $1,301 out of pocket

Income$2,618Out of Pocket$1,301Mortgage P&I$1,85871%Property Taxes$67326%Insurance$1315%Management$39315%CapEx$1054%Maintenance$1054%Other$65425%

Investment Breakdown

|

Purchase Price

$375k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$96,750

Downpayment

20%

$75,000

Closing costs

1%

$3,750

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,618

Total Expenses

$3,919

Mortgage P&I

71%

$1,858

Property Taxes

26%

$673

Home Insurance

5%

$131

HOA

0%

$0

Property Management

15%

$393

CapEx

4%

$105

Vacancy

0%

$0

Maintenance

4%

$105

Other

25%

$654

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