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441 Johnson Ave Extension, Gloversville, NY 12078
3 beds • 2 baths • 1008 sqft
$227,900
View on ZillowThis property looks like a bad Airbnb investment with a projected -14.59% first-year return on $65,859 initial cash invested.
-14.59%
Cash On Cash
2.32%
Cap Rate
0.37
DSCR
$1,472
Rent
-$801
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$1,472 income − $2,273 expenses = $801 out of pocket
Investment Breakdown
|
Purchase Price
$228k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$65,859
Downpayment
20%
$45,580
Closing costs
1%
$2,279
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$1,472
Total Expenses
$2,273
Mortgage P&I
80%
$1,183
Property Taxes
21%
$303
Home Insurance
5%
$80
HOA
0%
$0
Property Management
15%
$221
CapEx
4%
$59
Vacancy
0%
$0
Maintenance
4%
$59
Other
25%
$368