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3 Frederick Drive, Saratoga Springs, NY 12866

3 beds • 2 baths • 1509 sqft

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This property looks like a bad Airbnb investment with a projected -15% first-year return on $115k initial cash invested.

-15%

Cash On Cash

2.28%

Cap Rate

0.4

DSCR

$2,471

Rent

-$1,432

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,471 income − $3,903 expenses = $1,432 out of pocket

Income$2,471Out of Pocket$1,432Mortgage P&I$2,20889%Property Taxes$34714%Insurance$1617%Management$37115%CapEx$994%Maintenance$994%Other$61825%

Investment Breakdown

|

Purchase Price

$460k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$115k

Downpayment

20%

$91,980

Closing costs

1%

$4,599

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,471

Total Expenses

$3,903

Mortgage P&I

89%

$2,208

Property Taxes

14%

$347

Home Insurance

7%

$161

HOA

0%

$0

Property Management

15%

$371

CapEx

4%

$99

Vacancy

0%

$0

Maintenance

4%

$99

Other

25%

$618

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