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816 Willis Ave, Syracuse, NY 13204

3 beds • 2 baths • 1448 sqft

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This property could be a profitable Airbnb investment with a projected 17.93% first-year return on $45,636 initial cash invested.

17.93%

Cash On Cash

13.49%

Cap Rate

2.21

DSCR

$3,235

Rent

$682

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,235 income − $2,553 expenses = $682 cash flow

Income$3,235Mortgage P&I$66821%Property Taxes$2779%Insurance$562%Management$48515%CapEx$1294%Maintenance$1294%Other$80925%Cash Flow$682

Investment Breakdown

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Purchase Price

$132k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$45,636

Downpayment

20%

$26,320

Closing costs

1%

$1,316

Rehab

0%

$0

Furnishing

14%

$18,000

Cashflow

Total Income

$3,235

Total Expenses

$2,553

Mortgage P&I

21%

$668

Property Taxes

9%

$277

Home Insurance

2%

$56

HOA

0%

$0

Property Management

15%

$485

CapEx

4%

$129

Vacancy

0%

$0

Maintenance

4%

$129

Other

25%

$809

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