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$7,695 (target)

11 Devon Rd, Amagansett, NY 11930

3 beds • 3 baths • 1200 sqft

$2,516,000

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This property looks like a bad Mid-Term investment with a projected -26.47% first-year return on $546k initial cash invested.

-26.47%

Cash On Cash

0.4%

Cap Rate

0.07

DSCR

$7,695

Rent

-$12,051

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$7,695 income − $19,746 expenses = $12,051 out of pocket

Income$7,695Out of Pocket$12,051Mortgage P&I$12,590164%Property Taxes$3,70048%Insurance$84011%Management$92312%CapEx$3084%Vacancy$2313%Maintenance$3084%Other$84611%

Investment Breakdown

|

Purchase Price

$2516k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$546k

Downpayment

20%

$503k

Closing costs

1%

$25,160

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$7,695

Total Expenses

$19,746

Mortgage P&I

164%

$12,590

Property Taxes

48%

$3,700

Home Insurance

11%

$840

HOA

0%

$0

Property Management

12%

$923

CapEx

4%

$308

Vacancy

3%

$231

Maintenance

4%

$308

Other

11%

$846

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