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233 Elm Avenue, Selkirk, NY 12158

3 beds • 3 baths • 1936 sqft

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This property looks like a bad Airbnb investment with a projected -20.13% first-year return on $102k initial cash invested.

-20.13%

Cash On Cash

1.19%

Cap Rate

0.19

DSCR

$1,648

Rent

-$1,714

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,648 income − $3,362 expenses = $1,714 out of pocket

Income$1,648Out of Pocket$1,714Mortgage P&I$2,046124%Property Taxes$38223%Insurance$1439%Management$24715%CapEx$664%Maintenance$664%Other$41225%

Investment Breakdown

|

Purchase Price

$401k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$102k

Downpayment

20%

$80,180

Closing costs

1%

$4,009

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$1,648

Total Expenses

$3,362

Mortgage P&I

124%

$2,046

Property Taxes

23%

$382

Home Insurance

9%

$143

HOA

0%

$0

Property Management

15%

$247

CapEx

4%

$66

Vacancy

0%

$0

Maintenance

4%

$66

Other

25%

$412

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