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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 -26.76% first-year return on $491k initial cash invested.

-26.76%

Cash On Cash

0.38%

Cap Rate

0.06

DSCR

$4,999

Rent

-$10,939

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,999 income − $15,938 expenses = $10,939 out of pocket

Income$4,999Out of Pocket$10,939Mortgage P&I$11,451229%Property Taxes$1,29926%Insurance$78816%Management$75015%CapEx$2004%Maintenance$2004%Other$1,25025%

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

$4,999

Total Expenses

$15,938

Mortgage P&I

229%

$11,451

Property Taxes

26%

$1,299

Home Insurance

16%

$788

HOA

0%

$0

Property Management

15%

$750

CapEx

4%

$200

Vacancy

0%

$0

Maintenance

4%

$200

Other

25%

$1,250

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