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955 N Racquette River Rd, Massena, NY 13662

3 beds • 2 baths • 0 sqft

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This property looks like a bad Airbnb investment with a projected -16.09% first-year return on $77,997 initial cash invested.

-16.09%

Cash On Cash

1.74%

Cap Rate

0.3

DSCR

$1,559

Rent

-$1,046

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,559 income − $2,605 expenses = $1,046 out of pocket

Income$1,559Out of Pocket$1,046Mortgage P&I$1,39990%Property Taxes$35323%Insurance$1057%Management$23415%CapEx$624%Maintenance$624%Other$39025%

Investment Breakdown

|

Purchase Price

$286k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$77,997

Downpayment

20%

$57,140

Closing costs

1%

$2,857

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$1,559

Total Expenses

$2,605

Mortgage P&I

90%

$1,399

Property Taxes

23%

$353

Home Insurance

7%

$105

HOA

0%

$0

Property Management

15%

$234

CapEx

4%

$62

Vacancy

0%

$0

Maintenance

4%

$62

Other

25%

$390

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