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 -12.83% first-year return on $65,859 initial cash invested.
-12.83%
Cash On Cash
2.87%
Cap Rate
0.46
DSCR
$1,656
Rent
-$704
Cashflow
Cash Flow
$1,656 income − $2,360 expenses = $704 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
$1,656
Total Expenses
$2,360
Mortgage P&I
71%
$1,183
Property Taxes
18%
$303
Home Insurance
5%
$80
HOA
0%
$0
Property Management
15%
$248
CapEx
4%
$66
Vacancy
0%
$0
Maintenance
4%
$66
Other
25%
$414