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188 Ballantyne Rd, Syracuse, NY 13205

3 beds • 2 baths • 1104 sqft

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This property could be a profitable Airbnb investment with a projected 37.39% first-year return on $26,379 initial cash invested.

37.39%

Cash On Cash

33.38%

Cap Rate

5.47

DSCR

$2,135

Rent

$822

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,135 income − $1,313 expenses = $822 cash flow

Income$2,135Mortgage P&I$20310%Property Taxes$723%Insurance$141%Management$32015%CapEx$854%Maintenance$854%Other$53425%Cash Flow$822

Investment Breakdown

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Purchase Price

$39,900

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$26,379

Downpayment

20%

$7,980

Closing costs

1%

$399

Rehab

0%

$0

Furnishing

45%

$18,000

Cashflow

Total Income

$2,135

Total Expenses

$1,313

Mortgage P&I

10%

$203

Property Taxes

3%

$72

Home Insurance

1%

$14

HOA

0%

$0

Property Management

15%

$320

CapEx

4%

$85

Vacancy

0%

$0

Maintenance

4%

$85

Other

25%

$534

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