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83 Kingsboro Avenue, Gloversville, NY 12078

3 beds • 2 baths • 2368 sqft

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This property looks like a bad Airbnb investment with a projected -11.01% first-year return on $55,779 initial cash invested.

-11.01%

Cash On Cash

2.67%

Cap Rate

0.47

DSCR

$1,558

Rent

-$512

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,558 income − $2,070 expenses = $512 out of pocket

Income$1,558Out of Pocket$512Mortgage P&I$85155%Property Taxes$40826%Insurance$634%Management$23415%CapEx$624%Maintenance$624%Other$39025%

Investment Breakdown

|

Purchase Price

$180k

Downpayment

20.0%

Interest Rate

5.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$55,779

Downpayment

20%

$35,980

Closing costs

1%

$1,799

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$1,558

Total Expenses

$2,070

Mortgage P&I

55%

$851

Property Taxes

26%

$408

Home Insurance

4%

$63

HOA

0%

$0

Property Management

15%

$234

CapEx

4%

$62

Vacancy

0%

$0

Maintenance

4%

$62

Other

25%

$390

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