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642 County Route 42, Massena, NY 13662

3 beds • 4 baths • 0 sqft

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This property looks like a bad Airbnb investment with a projected -14.69% first-year return on $84,045 initial cash invested.

-14.69%

Cash On Cash

2.26%

Cap Rate

0.38

DSCR

$1,850

Rent

-$1,029

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,850 income − $2,879 expenses = $1,029 out of pocket

Income$1,850Out of Pocket$1,029Mortgage P&I$1,54684%Property Taxes$33518%Insurance$1106%Management$27815%CapEx$744%Maintenance$744%Other$46225%

Investment Breakdown

|

Purchase Price

$315k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$84,045

Downpayment

20%

$62,900

Closing costs

1%

$3,145

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$1,850

Total Expenses

$2,879

Mortgage P&I

84%

$1,546

Property Taxes

18%

$335

Home Insurance

6%

$110

HOA

0%

$0

Property Management

15%

$278

CapEx

4%

$74

Vacancy

0%

$0

Maintenance

4%

$74

Other

25%

$462

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