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2 Cartwheel Drive, Scotia, NY 12302

3 beds • 2 baths • 1220 sqft

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This property looks like a bad Airbnb investment with a projected -13.9% first-year return on $89,631 initial cash invested.

-13.9%

Cash On Cash

2.46%

Cap Rate

0.43

DSCR

$2,522

Rent

-$1,038

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$341k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$89,631

Downpayment

20%

$68,220

Closing costs

1%

$3,411

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,522

Total Expenses

$3,560

Mortgage P&I

65%

$1,637

Property Taxes

24%

$594

Home Insurance

5%

$119

HOA

0%

$0

Property Management

15%

$378

CapEx

4%

$101

Vacancy

0%

$0

Maintenance

4%

$101

Other

25%

$630

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