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218 Meadowlark Drive, Ballston Spa, NY 12020

3 beds • 3 baths • 1668 sqft

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This property looks like a bad Airbnb investment with a projected -13.91% first-year return on $109k initial cash invested.

-13.91%

Cash On Cash

2.78%

Cap Rate

0.47

DSCR

$2,981

Rent

-$1,261

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,981 income − $4,242 expenses = $1,261 out of pocket

Income$2,981Out of Pocket$1,261Mortgage P&I$2,14372%Property Taxes$51117%Insurance$1585%Management$44715%CapEx$1194%Maintenance$1194%Other$74525%

Investment Breakdown

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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

$2,981

Total Expenses

$4,242

Mortgage P&I

72%

$2,143

Property Taxes

17%

$511

Home Insurance

5%

$158

HOA

0%

$0

Property Management

15%

$447

CapEx

4%

$119

Vacancy

0%

$0

Maintenance

4%

$119

Other

25%

$745

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