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3 Vichy Drive, Ballston Spa, NY 12020

3 beds • 2 baths • 1664 sqft

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This property looks like a bad Airbnb investment with a projected -19.41% first-year return on $112k initial cash invested.

-19.41%

Cash On Cash

1.31%

Cap Rate

0.22

DSCR

$2,212

Rent

-$1,815

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,212 income − $4,027 expenses = $1,815 out of pocket

Income$2,212Out of Pocket$1,815Mortgage P&I$2,215100%Property Taxes$59027%Insurance$1617%Management$33215%CapEx$884%Maintenance$884%Other$55325%

Investment Breakdown

|

Purchase Price

$449k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$112k

Downpayment

20%

$89,740

Closing costs

1%

$4,487

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,212

Total Expenses

$4,027

Mortgage P&I

100%

$2,215

Property Taxes

27%

$590

Home Insurance

7%

$161

HOA

0%

$0

Property Management

15%

$332

CapEx

4%

$88

Vacancy

0%

$0

Maintenance

4%

$88

Other

25%

$553

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