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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 -16.37% first-year return on $122k initial cash invested.

-16.37%

Cash On Cash

2.17%

Cap Rate

0.37

DSCR

$3,079

Rent

-$1,668

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,079 income − $4,747 expenses = $1,668 out of pocket

Income$3,079Out of Pocket$1,668Mortgage P&I$2,44179%Property Taxes$60120%Insurance$1776%HOA$502%Management$46215%CapEx$1234%Maintenance$1234%Other$77025%

Investment Breakdown

|

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

$3,079

Total Expenses

$4,747

Mortgage P&I

79%

$2,441

Property Taxes

20%

$601

Home Insurance

6%

$177

HOA

2%

$50

Property Management

15%

$462

CapEx

4%

$123

Vacancy

0%

$0

Maintenance

4%

$123

Other

25%

$770

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