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191 Redmond Road, Gansevoort, NY 12831

3 beds • 2 baths • 1224 sqft

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This property looks like a bad Airbnb investment with a projected -5.67% first-year return on $82,386 initial cash invested.

-5.67%

Cash On Cash

4.83%

Cap Rate

0.82

DSCR

$2,982

Rent

-$389

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,982 income − $3,371 expenses = $389 out of pocket

Income$2,982Out of Pocket$389Mortgage P&I$1,50550%Property Taxes$33011%Insurance$1054%Management$44715%CapEx$1194%Maintenance$1194%Other$74625%

Investment Breakdown

|

Purchase Price

$307k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$82,386

Downpayment

20%

$61,320

Closing costs

1%

$3,066

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,982

Total Expenses

$3,371

Mortgage P&I

50%

$1,505

Property Taxes

11%

$330

Home Insurance

4%

$105

HOA

0%

$0

Property Management

15%

$447

CapEx

4%

$119

Vacancy

0%

$0

Maintenance

4%

$119

Other

25%

$746

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