REI Lense

REI Lense

Unlock all features! Tap here to upgrade

38 Elsmere Avenue, Delmar, NY 12054

3 beds • 3 baths • 2070 sqft

Email

This property looks like a bad Airbnb investment with a projected -17.7% first-year return on $115k initial cash invested.

-17.7%

Cash On Cash

1.71%

Cap Rate

0.29

DSCR

$2,473

Rent

-$1,703

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,473 income − $4,176 expenses = $1,703 out of pocket

Income$2,473Out of Pocket$1,703Mortgage P&I$2,26792%Property Taxes$55622%Insurance$1667%Management$37115%CapEx$994%Maintenance$994%Other$61825%

Investment Breakdown

|

Purchase Price

$464k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$115k

Downpayment

20%

$92,800

Closing costs

1%

$4,640

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,473

Total Expenses

$4,176

Mortgage P&I

92%

$2,267

Property Taxes

22%

$556

Home Insurance

7%

$166

HOA

0%

$0

Property Management

15%

$371

CapEx

4%

$99

Vacancy

0%

$0

Maintenance

4%

$99

Other

25%

$618

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis