REI Lense

REI Lense

Unlock all features! Tap here to upgrade

24 Diamond Place, Saratoga Springs, NY 12866

3 beds • 2 baths • 1344 sqft

Email

This property looks like a bad Airbnb investment with a projected -17.45% first-year return on $160k initial cash invested.

-17.45%

Cash On Cash

2.04%

Cap Rate

0.34

DSCR

$3,319

Rent

-$2,327

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,319 income − $5,646 expenses = $2,327 out of pocket

Income$3,319Out of Pocket$2,327Mortgage P&I$3,344101%Property Taxes$46314%Insurance$2457%Management$49815%CapEx$1334%Maintenance$1334%Other$83025%

Investment Breakdown

|

Purchase Price

$676k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$160k

Downpayment

20%

$135k

Closing costs

1%

$6,763

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,319

Total Expenses

$5,646

Mortgage P&I

101%

$3,344

Property Taxes

14%

$463

Home Insurance

7%

$245

HOA

0%

$0

Property Management

15%

$498

CapEx

4%

$133

Vacancy

0%

$0

Maintenance

4%

$133

Other

25%

$830

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis