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2304 Whiskey Creek Rd, Corning, NY 14830

3 beds • 4 baths • 3104 sqft

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This property looks like a bad Airbnb investment with a projected -16.14% first-year return on $98,871 initial cash invested.

-16.14%

Cash On Cash

1.95%

Cap Rate

0.34

DSCR

$2,690

Rent

-$1,330

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$385k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$98,871

Downpayment

20%

$77,020

Closing costs

1%

$3,851

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,690

Total Expenses

$4,020

Mortgage P&I

69%

$1,849

Property Taxes

27%

$739

Home Insurance

5%

$140

HOA

0%

$0

Property Management

15%

$404

CapEx

4%

$108

Vacancy

0%

$0

Maintenance

4%

$108

Other

25%

$672

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