REI Lense

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$4,025 (target)

107 Lewis Rd, East Quogue, NY 11942

3 beds • 2 baths • 1292 sqft

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This property looks like a bad Long-Term investment with a projected -22.66% first-year return on $208k initial cash invested.

-22.66%

Cash On Cash

1.59%

Cap Rate

0.26

DSCR

$4,025

Rent

-$3,925

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,025 income − $7,950 expenses = $3,925 out of pocket

Income$4,025Out of Pocket$3,925Mortgage P&I$5,032125%Property Taxes$1,52638%Insurance$3469%Management$40210%CapEx$2015%Vacancy$2426%Maintenance$2015%

Investment Breakdown

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Purchase Price

$990k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$208k

Downpayment

20%

$198k

Closing costs

1%

$9,900

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$4,025

Total Expenses

$7,950

Mortgage P&I

125%

$5,032

Property Taxes

38%

$1,526

Home Insurance

9%

$346

HOA

0%

$0

Property Management

10%

$402

CapEx

5%

$201

Vacancy

6%

$242

Maintenance

5%

$201

Other

0%

$0

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