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1961 Nys Route St #12, Binghamton, NY 13901

3 beds • 2 baths • 1794 sqft

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This property looks like a bad Airbnb investment with a projected -5.51% first-year return on $67,350 initial cash invested.

-5.51%

Cash On Cash

4.95%

Cap Rate

0.83

DSCR

$2,653

Rent

-$309

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,653 income − $2,962 expenses = $309 out of pocket

Income$2,653Out of Pocket$309Mortgage P&I$1,17344%Property Taxes$43416%Insurance$823%Management$39815%CapEx$1064%Maintenance$1064%Other$66325%

Investment Breakdown

|

Purchase Price

$235k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$67,350

Downpayment

20%

$47,000

Closing costs

1%

$2,350

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,653

Total Expenses

$2,962

Mortgage P&I

44%

$1,173

Property Taxes

16%

$434

Home Insurance

3%

$82

HOA

0%

$0

Property Management

15%

$398

CapEx

4%

$106

Vacancy

0%

$0

Maintenance

4%

$106

Other

25%

$663

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