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21 Belle Avenue, Latham, NY 12110

3 beds • 2 baths • 1902 sqft

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This property looks like a bad Airbnb investment with a projected -17.64% first-year return on $118k initial cash invested.

-17.64%

Cash On Cash

1.7%

Cap Rate

0.29

DSCR

$2,460

Rent

-$1,732

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,460 income − $4,192 expenses = $1,732 out of pocket

Income$2,460Out of Pocket$1,732Mortgage P&I$2,30694%Property Taxes$53822%Insurance$1687%Management$36915%CapEx$984%Maintenance$984%Other$61525%

Investment Breakdown

|

Purchase Price

$475k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$118k

Downpayment

20%

$95,060

Closing costs

1%

$4,753

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,460

Total Expenses

$4,192

Mortgage P&I

94%

$2,306

Property Taxes

22%

$538

Home Insurance

7%

$168

HOA

0%

$0

Property Management

15%

$369

CapEx

4%

$98

Vacancy

0%

$0

Maintenance

4%

$98

Other

25%

$615

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