3 Karista Spring Drive, Saratoga Springs, NY 12866
3 beds • 3 baths • 1104 sqft
$376,900
View on ZillowThis property looks like a bad Airbnb investment with a projected -8.05% first-year return on $97,149 initial cash invested.
-8.05%
Cash On Cash
4.92%
Cap Rate
0.75
DSCR
$3,705
Rent
-$652
Cashflow
Cash Flow
$3,705 income − $4,357 expenses = $652 out of pocket
Investment Breakdown
|
Purchase Price
$377k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$97,149
Downpayment
20%
$75,380
Closing costs
1%
$3,769
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,705
Total Expenses
$4,357
Mortgage P&I
55%
$2,049
Property Taxes
11%
$397
Home Insurance
4%
$133
HOA
0%
$0
Property Management
15%
$556
CapEx
4%
$148
Vacancy
0%
$0
Maintenance
4%
$148
Other
25%
$926