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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 -18.88% first-year return on $70,857 initial cash invested.

-18.88%

Cash On Cash

0.91%

Cap Rate

0.15

DSCR

$1,384

Rent

-$1,115

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,384 income − $2,499 expenses = $1,115 out of pocket

Income$1,384Out of Pocket$1,115Mortgage P&I$1,25090%Property Taxes$49636%Insurance$896%Management$20815%CapEx$554%Maintenance$554%Other$34625%

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

$1,384

Total Expenses

$2,499

Mortgage P&I

90%

$1,250

Property Taxes

36%

$496

Home Insurance

6%

$89

HOA

0%

$0

Property Management

15%

$208

CapEx

4%

$55

Vacancy

0%

$0

Maintenance

4%

$55

Other

25%

$346

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