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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 -17.99% first-year return on $89,631 initial cash invested.

-17.99%

Cash On Cash

1.3%

Cap Rate

0.23

DSCR

$1,933

Rent

-$1,344

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,933 income − $3,277 expenses = $1,344 out of pocket

Income$1,933Out of Pocket$1,344Mortgage P&I$1,63785%Property Taxes$59431%Insurance$1196%Management$29015%CapEx$774%Maintenance$774%Other$48325%

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

$1,933

Total Expenses

$3,277

Mortgage P&I

85%

$1,637

Property Taxes

31%

$594

Home Insurance

6%

$119

HOA

0%

$0

Property Management

15%

$290

CapEx

4%

$77

Vacancy

0%

$0

Maintenance

4%

$77

Other

25%

$483

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