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2 Scammell Ave, Auburn, NY 13021

3 beds • 2 baths • 1456 sqft

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This property looks like a bad Airbnb investment with a projected -15.25% first-year return on $85,053 initial cash invested.

-15.25%

Cash On Cash

2.12%

Cap Rate

0.36

DSCR

$2,376

Rent

-$1,081

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,376 income − $3,457 expenses = $1,081 out of pocket

Income$2,376Out of Pocket$1,081Mortgage P&I$1,54965%Property Taxes$65227%Insurance$1165%Management$35615%CapEx$954%Maintenance$954%Other$59425%

Investment Breakdown

|

Purchase Price

$319k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$85,053

Downpayment

20%

$63,860

Closing costs

1%

$3,193

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,376

Total Expenses

$3,457

Mortgage P&I

65%

$1,549

Property Taxes

27%

$652

Home Insurance

5%

$116

HOA

0%

$0

Property Management

15%

$356

CapEx

4%

$95

Vacancy

0%

$0

Maintenance

4%

$95

Other

25%

$594

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