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6790 E Lake Rd, Auburn, NY 13021

3 beds • 2 baths • 1440 sqft

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This property looks like a bad Airbnb investment with a projected -18.21% first-year return on $170k initial cash invested.

-18.21%

Cash On Cash

2%

Cap Rate

0.33

DSCR

$4,214

Rent

-$2,583

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,214 income − $6,797 expenses = $2,583 out of pocket

Income$4,214Out of Pocket$2,583Mortgage P&I$3,62386%Property Taxes$89621%Insurance$2546%Management$63215%CapEx$1694%Maintenance$1694%Other$1,05425%

Investment Breakdown

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Purchase Price

$725k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$170k

Downpayment

20%

$145k

Closing costs

1%

$7,249

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$4,214

Total Expenses

$6,797

Mortgage P&I

86%

$3,623

Property Taxes

21%

$896

Home Insurance

6%

$254

HOA

0%

$0

Property Management

15%

$632

CapEx

4%

$169

Vacancy

0%

$0

Maintenance

4%

$169

Other

25%

$1,054

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