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243 Elm Street, Albany, NY 12202

3 beds • 2 baths • 1600 sqft

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This property looks like a bad Airbnb investment with a projected -11.75% first-year return on $80,181 initial cash invested.

-11.75%

Cash On Cash

3.2%

Cap Rate

0.54

DSCR

$2,586

Rent

-$785

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,586 income − $3,371 expenses = $785 out of pocket

Income$2,586Out of Pocket$785Mortgage P&I$1,47157%Property Taxes$55521%Insurance$1054%Management$38815%CapEx$1034%Maintenance$1034%Other$64625%

Investment Breakdown

|

Purchase Price

$296k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$80,181

Downpayment

20%

$59,220

Closing costs

1%

$2,961

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,586

Total Expenses

$3,371

Mortgage P&I

57%

$1,471

Property Taxes

21%

$555

Home Insurance

4%

$105

HOA

0%

$0

Property Management

15%

$388

CapEx

4%

$103

Vacancy

0%

$0

Maintenance

4%

$103

Other

25%

$646

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