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47 S Kingsboro Avenue, Gloversville, NY 12078

3 beds • 2 baths • 1456 sqft

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This property looks like a bad Airbnb investment with a projected -12.13% first-year return on $47,295 initial cash invested.

-12.13%

Cash On Cash

2.54%

Cap Rate

0.41

DSCR

$1,227

Rent

-$478

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,227 income − $1,705 expenses = $478 out of pocket

Income$1,227Out of Pocket$478Mortgage P&I$72459%Property Taxes$34328%Insurance$494%Management$18415%CapEx$494%Maintenance$494%Other$30725%

Investment Breakdown

|

Purchase Price

$140k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$47,295

Downpayment

20%

$27,900

Closing costs

1%

$1,395

Rehab

0%

$0

Furnishing

13%

$18,000

Cashflow

Total Income

$1,227

Total Expenses

$1,705

Mortgage P&I

59%

$724

Property Taxes

28%

$343

Home Insurance

4%

$49

HOA

0%

$0

Property Management

15%

$184

CapEx

4%

$49

Vacancy

0%

$0

Maintenance

4%

$49

Other

25%

$307

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