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9 Forestbrook Drive, Ballston Lake, NY 12019

3 beds • 2 baths • 1380 sqft

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This property looks like a bad Airbnb investment with a projected -17.26% first-year return on $122k initial cash invested.

-17.26%

Cash On Cash

1.93%

Cap Rate

0.33

DSCR

$2,904

Rent

-$1,759

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,904 income − $4,663 expenses = $1,759 out of pocket

Income$2,904Out of Pocket$1,759Mortgage P&I$2,44184%Property Taxes$60121%Insurance$1776%HOA$502%Management$43615%CapEx$1164%Maintenance$1164%Other$72625%

Investment Breakdown

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Purchase Price

$497k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$122k

Downpayment

20%

$99,320

Closing costs

1%

$4,966

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,904

Total Expenses

$4,663

Mortgage P&I

84%

$2,441

Property Taxes

21%

$601

Home Insurance

6%

$177

HOA

2%

$50

Property Management

15%

$436

CapEx

4%

$116

Vacancy

0%

$0

Maintenance

4%

$116

Other

25%

$726

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