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332 Angel Road, Corinth, NY 12822

3 beds • 2 baths • 1647 sqft

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This property looks like a bad Airbnb investment with a projected -15.96% first-year return on $115k initial cash invested.

-15.96%

Cash On Cash

2.46%

Cap Rate

0.4

DSCR

$2,664

Rent

-$1,524

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,664 income − $4,188 expenses = $1,524 out of pocket

Income$2,664Out of Pocket$1,524Mortgage P&I$2,35989%Property Taxes$38815%Insurance$1616%Management$40015%CapEx$1074%Maintenance$1074%Other$66625%

Investment Breakdown

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Purchase Price

$460k

Downpayment

20.0%

Interest Rate

6.6%

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

$2,664

Total Expenses

$4,188

Mortgage P&I

89%

$2,359

Property Taxes

15%

$388

Home Insurance

6%

$161

HOA

0%

$0

Property Management

15%

$400

CapEx

4%

$107

Vacancy

0%

$0

Maintenance

4%

$107

Other

25%

$666

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