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13 Newman Street, Gloversville, NY 12078

3 beds • 2 baths • 1152 sqft

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This property looks like a bad Airbnb investment with a projected -12.9% first-year return on $59,979 initial cash invested.

-12.9%

Cash On Cash

2.56%

Cap Rate

0.42

DSCR

$1,402

Rent

-$645

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,402 income − $2,047 expenses = $645 out of pocket

Income$1,402Out of Pocket$645Mortgage P&I$1,01572%Property Taxes$29021%Insurance$705%Management$21015%CapEx$564%Maintenance$564%Other$35025%

Investment Breakdown

|

Purchase Price

$200k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$59,979

Downpayment

20%

$39,980

Closing costs

1%

$1,999

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$1,402

Total Expenses

$2,047

Mortgage P&I

72%

$1,015

Property Taxes

21%

$290

Home Insurance

5%

$70

HOA

0%

$0

Property Management

15%

$210

CapEx

4%

$56

Vacancy

0%

$0

Maintenance

4%

$56

Other

25%

$350

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