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9 Kenworthy Avenue, Glens Falls, NY 12801

3 beds • 2 baths • 1476 sqft

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This property looks like a bad Airbnb investment with a projected -3.12% first-year return on $65,439 initial cash invested.

-3.12%

Cash On Cash

5.78%

Cap Rate

0.95

DSCR

$2,812

Rent

-$170

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,812 income − $2,982 expenses = $170 out of pocket

Income$2,812Out of Pocket$170Mortgage P&I$1,14741%Property Taxes$40614%Insurance$803%Management$42215%CapEx$1124%Maintenance$1124%Other$70325%

Investment Breakdown

|

Purchase Price

$226k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$65,439

Downpayment

20%

$45,180

Closing costs

1%

$2,259

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,812

Total Expenses

$2,982

Mortgage P&I

41%

$1,147

Property Taxes

14%

$406

Home Insurance

3%

$80

HOA

0%

$0

Property Management

15%

$422

CapEx

4%

$112

Vacancy

0%

$0

Maintenance

4%

$112

Other

25%

$703

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