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$3,357 (target)

120 Longview Drive, Gloversville, NY 12078

3 beds • 3 baths • 2629 sqft

$1,250,000

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This property looks like a bad Mid-Term investment with a projected -24.74% first-year return on $281k initial cash invested.

-24.74%

Cash On Cash

0.74%

Cap Rate

0.12

DSCR

$3,357

Rent

-$5,783

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,357 income − $9,140 expenses = $5,783 out of pocket

Income$3,357Out of Pocket$5,783Mortgage P&I$6,420191%Property Taxes$1,14134%Insurance$43813%Management$40312%CapEx$1344%Vacancy$1013%Maintenance$1344%Other$36911%

Investment Breakdown

|

Purchase Price

$1250k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$281k

Downpayment

20%

$250k

Closing costs

1%

$12,500

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$3,357

Total Expenses

$9,140

Mortgage P&I

191%

$6,420

Property Taxes

34%

$1,141

Home Insurance

13%

$438

HOA

0%

$0

Property Management

12%

$403

CapEx

4%

$134

Vacancy

3%

$101

Maintenance

4%

$134

Other

11%

$369

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