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61 Longmeadow Drive, Delmar, NY 12054

3 beds • 2 baths • 1499 sqft

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This property looks like a bad Airbnb investment with a projected -13.38% first-year return on $105k initial cash invested.

-13.38%

Cash On Cash

2.67%

Cap Rate

0.47

DSCR

$2,809

Rent

-$1,172

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,809 income − $3,981 expenses = $1,172 out of pocket

Income$2,809Out of Pocket$1,172Mortgage P&I$1,98571%Property Taxes$50418%Insurance$1455%Management$42115%CapEx$1124%Maintenance$1124%Other$70225%

Investment Breakdown

|

Purchase Price

$415k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$105k

Downpayment

20%

$83,000

Closing costs

1%

$4,150

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,809

Total Expenses

$3,981

Mortgage P&I

71%

$1,985

Property Taxes

18%

$504

Home Insurance

5%

$145

HOA

0%

$0

Property Management

15%

$421

CapEx

4%

$112

Vacancy

0%

$0

Maintenance

4%

$112

Other

25%

$702

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