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96 Plains Road, New Paltz, NY 12561

3 beds • 6 baths • 3755 sqft

$2,250,000

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This property looks like a bad Airbnb investment with a projected -26.94% first-year return on $491k initial cash invested.

-26.94%

Cash On Cash

0.34%

Cap Rate

0.06

DSCR

$4,859

Rent

-$11,011

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,859 income − $15,870 expenses = $11,011 out of pocket

Income$4,859Out of Pocket$11,011Mortgage P&I$11,451236%Property Taxes$1,29927%Insurance$78816%Management$72915%CapEx$1944%Maintenance$1944%Other$1,21525%

Investment Breakdown

|

Purchase Price

$2250k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$491k

Downpayment

20%

$450k

Closing costs

1%

$22,500

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$4,859

Total Expenses

$15,870

Mortgage P&I

236%

$11,451

Property Taxes

27%

$1,299

Home Insurance

16%

$788

HOA

0%

$0

Property Management

15%

$729

CapEx

4%

$194

Vacancy

0%

$0

Maintenance

4%

$194

Other

25%

$1,215

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