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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 15.06% first-year return on $48,618 initial cash invested.

15.06%

Cash On Cash

12.06%

Cap Rate

1.98

DSCR

$2,873

Rent

$610

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,873 income − $2,263 expenses = $610 cash flow

Income$2,873Mortgage P&I$74026%Property Taxes$993%Insurance$452%Management$43115%CapEx$1154%Maintenance$1154%Other$71825%Cash Flow$610

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

$2,873

Total Expenses

$2,263

Mortgage P&I

26%

$740

Property Taxes

3%

$99

Home Insurance

2%

$45

HOA

0%

$0

Property Management

15%

$431

CapEx

4%

$115

Vacancy

0%

$0

Maintenance

4%

$115

Other

25%

$718

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