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422 Vandenburgh Point Road, Gloversville, NY 12078
3 beds • 2 baths • 1288 sqft
$291,300
View on ZillowThis property looks like a bad Long-Term investment with a projected -9% first-year return on $61,173 initial cash invested.
-9%
Cash On Cash
4.39%
Cap Rate
0.74
DSCR
$1,883
Rent
-$459
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$1,883 income − $2,342 expenses = $459 out of pocket
Investment Breakdown
|
Purchase Price
$291k
Downpayment
20.0%
Interest Rate
6.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$61,173
Downpayment
20%
$58,260
Closing costs
1%
$2,913
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,883
Total Expenses
$2,342
Mortgage P&I
76%
$1,430
Property Taxes
15%
$278
Home Insurance
8%
$145
HOA
0%
$0
Property Management
10%
$188
CapEx
5%
$94
Vacancy
6%
$113
Maintenance
5%
$94
Other
0%
$0