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2069 Amsterdam Avenue, Schenectady, NY 12303

3 beds • 4 baths • 1664 sqft

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This property looks like a bad Airbnb investment with a projected -20.94% first-year return on $120k initial cash invested.

-20.94%

Cash On Cash

1.02%

Cap Rate

0.17

DSCR

$2,483

Rent

-$2,097

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,483 income − $4,580 expenses = $2,097 out of pocket

Income$2,483Out of Pocket$2,097Mortgage P&I$2,41297%Property Taxes$80232%Insurance$1757%Management$37215%CapEx$994%Maintenance$994%Other$62125%

Investment Breakdown

|

Purchase Price

$487k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$120k

Downpayment

20%

$97,300

Closing costs

1%

$4,865

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,483

Total Expenses

$4,580

Mortgage P&I

97%

$2,412

Property Taxes

32%

$802

Home Insurance

7%

$175

HOA

0%

$0

Property Management

15%

$372

CapEx

4%

$99

Vacancy

0%

$0

Maintenance

4%

$99

Other

25%

$621

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