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1039 Springs Fireplace Rd, East Hampton, NY 11937
3 beds • 3 baths • 2300 sqft
$2,470,000
View on ZillowThis property looks like a bad Long-Term investment with a projected -28.93% first-year return on $519k initial cash invested.
-28.93%
Cash On Cash
0.84%
Cap Rate
0.12
DSCR
$8,150
Rent
-$12,505
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$8,150 income − $20,655 expenses = $12,505 out of pocket
Investment Breakdown
|
Purchase Price
$2470k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$519k
Downpayment
20%
$494k
Closing costs
1%
$24,700
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$8,150
Total Expenses
$20,655
Mortgage P&I
170%
$13,816
Property Taxes
47%
$3,846
Home Insurance
11%
$873
HOA
0%
$0
Property Management
10%
$815
CapEx
5%
$408
Vacancy
6%
$489
Maintenance
5%
$408
Other
0%
$0