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151 S Kingsboro Avenue, Gloversville, NY 12078

3 beds • 2 baths • 1728 sqft

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This property looks like a bad Airbnb investment with a projected -15.34% first-year return on $55,779 initial cash invested.

-15.34%

Cash On Cash

1.66%

Cap Rate

0.27

DSCR

$1,235

Rent

-$713

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,235 income − $1,948 expenses = $713 out of pocket

Income$1,235Out of Pocket$713Mortgage P&I$91374%Property Taxes$38831%Insurance$554%Management$18515%CapEx$494%Maintenance$494%Other$30925%

Investment Breakdown

|

Purchase Price

$180k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$55,779

Downpayment

20%

$35,980

Closing costs

1%

$1,799

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$1,235

Total Expenses

$1,948

Mortgage P&I

74%

$913

Property Taxes

31%

$388

Home Insurance

4%

$55

HOA

0%

$0

Property Management

15%

$185

CapEx

4%

$49

Vacancy

0%

$0

Maintenance

4%

$49

Other

25%

$309

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