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1809 Ridge Road, Queensbury, NY 12804

3 beds • 2 baths • 1278 sqft

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This property looks like a bad Airbnb investment with a projected -8.78% first-year return on $97,590 initial cash invested.

-8.78%

Cash On Cash

3.84%

Cap Rate

0.67

DSCR

$2,740

Rent

-$714

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,740 income − $3,454 expenses = $714 out of pocket

Income$2,740Out of Pocket$714Mortgage P&I$1,81766%Property Taxes$1887%Insurance$1335%Management$41115%CapEx$1104%Maintenance$1104%Other$68525%

Investment Breakdown

|

Purchase Price

$379k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$97,590

Downpayment

20%

$75,800

Closing costs

1%

$3,790

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,740

Total Expenses

$3,454

Mortgage P&I

66%

$1,817

Property Taxes

7%

$188

Home Insurance

5%

$133

HOA

0%

$0

Property Management

15%

$411

CapEx

4%

$110

Vacancy

0%

$0

Maintenance

4%

$110

Other

25%

$685

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