REI Lense

REI Lense

Unlock all features! Tap here to upgrade

279 S Main Avenue, Albany, NY 12208

3 beds • 2 baths • 1852 sqft

Email

This property looks like a bad Airbnb investment with a projected -14.63% first-year return on $98,682 initial cash invested.

-14.63%

Cash On Cash

2.55%

Cap Rate

0.43

DSCR

$3,040

Rent

-$1,203

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,040 income − $4,243 expenses = $1,203 out of pocket

Income$3,040Out of Pocket$1,203Mortgage P&I$1,89662%Property Taxes$76525%Insurance$1224%Management$45615%CapEx$1224%Maintenance$1224%Other$76025%

Investment Breakdown

|

Purchase Price

$384k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$98,682

Downpayment

20%

$76,840

Closing costs

1%

$3,842

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,040

Total Expenses

$4,243

Mortgage P&I

62%

$1,896

Property Taxes

25%

$765

Home Insurance

4%

$122

HOA

0%

$0

Property Management

15%

$456

CapEx

4%

$122

Vacancy

0%

$0

Maintenance

4%

$122

Other

25%

$760

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis