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242 Burdick Road, Gloversville, NY 12078

3 beds • 2 baths • 2112 sqft

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This property looks like a bad Airbnb investment with a projected -20.68% first-year return on $88,476 initial cash invested.

-20.68%

Cash On Cash

0.94%

Cap Rate

0.15

DSCR

$1,472

Rent

-$1,525

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,472 income − $2,997 expenses = $1,525 out of pocket

Income$1,472Out of Pocket$1,525Mortgage P&I$1,728117%Property Taxes$44330%Insurance$1198%Management$22115%CapEx$594%Maintenance$594%Other$36825%

Investment Breakdown

|

Purchase Price

$336k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$88,476

Downpayment

20%

$67,120

Closing costs

1%

$3,356

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$1,472

Total Expenses

$2,997

Mortgage P&I

117%

$1,728

Property Taxes

30%

$443

Home Insurance

8%

$119

HOA

0%

$0

Property Management

15%

$221

CapEx

4%

$59

Vacancy

0%

$0

Maintenance

4%

$59

Other

25%

$368

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