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67 Montgomery Street, Gloversville, NY 12078

3 beds • 2 baths • 1496 sqft

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This property looks like a bad Airbnb investment with a projected -0.17% first-year return on $35,850 initial cash invested.

-0.17%

Cash On Cash

6.82%

Cap Rate

1.12

DSCR

$1,398

Rent

-$5

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,398 income − $1,403 expenses = $5 out of pocket

Income$1,398Out of Pocket$5Mortgage P&I$43231%Property Taxes$26919%Insurance$302%Management$21015%CapEx$564%Maintenance$564%Other$35025%

Investment Breakdown

|

Purchase Price

$85,000

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$35,850

Downpayment

20%

$17,000

Closing costs

1%

$850

Rehab

0%

$0

Furnishing

21%

$18,000

Cashflow

Total Income

$1,398

Total Expenses

$1,403

Mortgage P&I

31%

$432

Property Taxes

19%

$269

Home Insurance

2%

$30

HOA

0%

$0

Property Management

15%

$210

CapEx

4%

$56

Vacancy

0%

$0

Maintenance

4%

$56

Other

25%

$350

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