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668 Colesville Rd, Binghamton, NY 13904

3 beds • 2 baths • 1144 sqft

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This property looks like a bad Airbnb investment with a projected -0.84% first-year return on $72,579 initial cash invested.

-0.84%

Cash On Cash

6.4%

Cap Rate

1.05

DSCR

$2,937

Rent

-$51

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,937 income − $2,988 expenses = $51 out of pocket

Income$2,937Out of Pocket$51Mortgage P&I$1,32045%Property Taxes$1766%Insurance$833%Management$44115%CapEx$1174%Maintenance$1174%Other$73425%

Investment Breakdown

|

Purchase Price

$260k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$72,579

Downpayment

20%

$51,980

Closing costs

1%

$2,599

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,937

Total Expenses

$2,988

Mortgage P&I

45%

$1,320

Property Taxes

6%

$176

Home Insurance

3%

$83

HOA

0%

$0

Property Management

15%

$441

CapEx

4%

$117

Vacancy

0%

$0

Maintenance

4%

$117

Other

25%

$734

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