REI Lense

REI Lense

Unlock all features! Tap here to upgrade

8 Michael Road, Fort Edward, NY 12828

3 beds • 2 baths • 1408 sqft

Email

This property looks like a bad Airbnb investment with a projected -15.95% first-year return on $94,188 initial cash invested.

-15.95%

Cash On Cash

2.33%

Cap Rate

0.38

DSCR

$2,172

Rent

-$1,252

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,172 income − $3,424 expenses = $1,252 out of pocket

Income$2,172Out of Pocket$1,252Mortgage P&I$1,86986%Property Taxes$39018%Insurance$1226%Management$32615%CapEx$874%Maintenance$874%Other$54325%

Investment Breakdown

|

Purchase Price

$363k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$94,188

Downpayment

20%

$72,560

Closing costs

1%

$3,628

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,172

Total Expenses

$3,424

Mortgage P&I

86%

$1,869

Property Taxes

18%

$390

Home Insurance

6%

$122

HOA

0%

$0

Property Management

15%

$326

CapEx

4%

$87

Vacancy

0%

$0

Maintenance

4%

$87

Other

25%

$543

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis