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177 Broadway, Saranac Lake, NY 12983

3 beds • 2 baths • 1506 sqft

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This property could be a profitable Airbnb investment with a projected 16.73% first-year return on $48,618 initial cash invested.

16.73%

Cash On Cash

12.66%

Cap Rate

2.08

DSCR

$3,002

Rent

$678

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,002 income − $2,324 expenses = $678 cash flow

Income$3,002Mortgage P&I$74025%Property Taxes$993%Insurance$451%Management$45015%CapEx$1204%Maintenance$1204%Other$75025%Cash Flow$678

Investment Breakdown

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Purchase Price

$146k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$48,618

Downpayment

20%

$29,160

Closing costs

1%

$1,458

Rehab

0%

$0

Furnishing

12%

$18,000

Cashflow

Total Income

$3,002

Total Expenses

$2,324

Mortgage P&I

25%

$740

Property Taxes

3%

$99

Home Insurance

2%

$45

HOA

0%

$0

Property Management

15%

$450

CapEx

4%

$120

Vacancy

0%

$0

Maintenance

4%

$120

Other

25%

$750

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