REI Lense

REI Lense

Unlock all features! Tap here to upgrade

218 Meadowlark Drive, Ballston Spa, NY 12020

3 beds • 3 baths • 1668 sqft

Email

This property looks like a bad Airbnb investment with a projected -14.16% first-year return on $109k initial cash invested.

-14.16%

Cash On Cash

2.71%

Cap Rate

0.46

DSCR

$2,936

Rent

-$1,284

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,936 income − $4,220 expenses = $1,284 out of pocket

Income$2,936Out of Pocket$1,284Mortgage P&I$2,14373%Property Taxes$51117%Insurance$1585%Management$44015%CapEx$1174%Maintenance$1174%Other$73425%

Investment Breakdown

|

Purchase Price

$432k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$109k

Downpayment

20%

$86,460

Closing costs

1%

$4,323

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,936

Total Expenses

$4,220

Mortgage P&I

73%

$2,143

Property Taxes

17%

$511

Home Insurance

5%

$158

HOA

0%

$0

Property Management

15%

$440

CapEx

4%

$117

Vacancy

0%

$0

Maintenance

4%

$117

Other

25%

$734

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis