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1021 Union St, Brooklyn, NY 11225

3 beds • 2 baths • 1400 sqft

$1,721,400

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This property looks like a bad Airbnb investment with a projected -24.28% first-year return on $379k initial cash invested.

-24.28%

Cash On Cash

0.75%

Cap Rate

0.13

DSCR

$3,672

Rent

-$7,678

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,672 income − $11,350 expenses = $7,678 out of pocket

Income$3,672Out of Pocket$7,678Mortgage P&I$8,614235%Property Taxes$36910%Insurance$60416%Management$55115%CapEx$1474%Maintenance$1474%Other$91825%

Investment Breakdown

|

Purchase Price

$1721k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$379k

Downpayment

20%

$344k

Closing costs

1%

$17,214

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$3,672

Total Expenses

$11,350

Mortgage P&I

235%

$8,614

Property Taxes

10%

$369

Home Insurance

16%

$604

HOA

0%

$0

Property Management

15%

$551

CapEx

4%

$147

Vacancy

0%

$0

Maintenance

4%

$147

Other

25%

$918

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