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$2,238 (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 Long-Term investment with a projected -29% first-year return on $263k initial cash invested.

-29%

Cash On Cash

0.18%

Cap Rate

0.03

DSCR

$2,238

Rent

-$6,343

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,238 income − $8,581 expenses = $6,343 out of pocket

Income$2,238Out of Pocket$6,343Mortgage P&I$6,420287%Property Taxes$1,14151%Insurance$43820%Management$22410%CapEx$1125%Vacancy$1346%Maintenance$1125%

Investment Breakdown

|

Purchase Price

$1250k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$263k

Downpayment

20%

$250k

Closing costs

1%

$12,500

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,238

Total Expenses

$8,581

Mortgage P&I

287%

$6,420

Property Taxes

51%

$1,141

Home Insurance

20%

$438

HOA

0%

$0

Property Management

10%

$224

CapEx

5%

$112

Vacancy

6%

$134

Maintenance

5%

$112

Other

0%

$0

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