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55 Park Avenue, Latham, NY 12110

3 beds • 2 baths • 1454 sqft

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This property looks like a bad Airbnb investment with a projected -12.51% first-year return on $90,744 initial cash invested.

-12.51%

Cash On Cash

2.8%

Cap Rate

0.49

DSCR

$2,419

Rent

-$946

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$346k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$90,744

Downpayment

20%

$69,280

Closing costs

1%

$3,464

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,419

Total Expenses

$3,365

Mortgage P&I

69%

$1,657

Property Taxes

18%

$424

Home Insurance

5%

$122

HOA

0%

$0

Property Management

15%

$363

CapEx

4%

$97

Vacancy

0%

$0

Maintenance

4%

$97

Other

25%

$605

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