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141 Prospect Avenue, Gloversville, NY 12078

3 beds • 2 baths • 1930 sqft

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This property looks like a bad Airbnb investment with a projected -18.54% first-year return on $70,857 initial cash invested.

-18.54%

Cash On Cash

1.01%

Cap Rate

0.17

DSCR

$1,424

Rent

-$1,095

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,424 income − $2,519 expenses = $1,095 out of pocket

Income$1,424Out of Pocket$1,095Mortgage P&I$1,25088%Property Taxes$49635%Insurance$896%Management$21415%CapEx$574%Maintenance$574%Other$35625%

Investment Breakdown

|

Purchase Price

$252k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$70,857

Downpayment

20%

$50,340

Closing costs

1%

$2,517

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$1,424

Total Expenses

$2,519

Mortgage P&I

88%

$1,250

Property Taxes

35%

$496

Home Insurance

6%

$89

HOA

0%

$0

Property Management

15%

$214

CapEx

4%

$57

Vacancy

0%

$0

Maintenance

4%

$57

Other

25%

$356

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