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40 Cypress St, Binghamton, NY 13905

3 beds • 2 baths • 1380 sqft

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This property might be a fair Airbnb investment with a projected 1.76% first-year return on $47,862 initial cash invested.

1.76%

Cash On Cash

7.32%

Cap Rate

1.22

DSCR

$2,209

Rent

$70

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,209 income − $2,139 expenses = $70 cash flow

Income$2,209Mortgage P&I$71032%Property Taxes$31814%Insurance$522%Management$33115%CapEx$884%Maintenance$884%Other$55225%Cash Flow$70

Investment Breakdown

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Purchase Price

$142k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$47,862

Downpayment

20%

$28,440

Closing costs

1%

$1,422

Rehab

0%

$0

Furnishing

13%

$18,000

Cashflow

Total Income

$2,209

Total Expenses

$2,139

Mortgage P&I

32%

$710

Property Taxes

14%

$318

Home Insurance

2%

$52

HOA

0%

$0

Property Management

15%

$331

CapEx

4%

$88

Vacancy

0%

$0

Maintenance

4%

$88

Other

25%

$552

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