REI Lense

REI Lense

Unlock all features! Tap here to upgrade

243 Elm Street, Albany, NY 12202

3 beds • 2 baths • 1600 sqft

Email

This property looks like a bad Airbnb investment with a projected -10.79% first-year return on $80,181 initial cash invested.

-10.79%

Cash On Cash

3.48%

Cap Rate

0.58

DSCR

$2,710

Rent

-$721

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,710 income − $3,431 expenses = $721 out of pocket

Income$2,710Out of Pocket$721Mortgage P&I$1,47154%Property Taxes$55520%Insurance$1054%Management$40615%CapEx$1084%Maintenance$1084%Other$67825%

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

$2,710

Total Expenses

$3,431

Mortgage P&I

54%

$1,471

Property Taxes

20%

$555

Home Insurance

4%

$105

HOA

0%

$0

Property Management

15%

$406

CapEx

4%

$108

Vacancy

0%

$0

Maintenance

4%

$108

Other

25%

$678

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis