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11 Sims Ave, Sag Harbor, NY 11963

3 beds • 3 baths • 2100 sqft

$2,600,000

View on Zillow
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This property looks like a bad Airbnb investment with a projected -33.43% first-year return on $564k initial cash invested.

-33.43%

Cash On Cash

-1.04%

Cap Rate

-0.17

DSCR

$4,747

Rent

-$15,711

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,747 income − $20,458 expenses = $15,711 out of pocket

Income$4,747Out of Pocket$15,711Mortgage P&I$13,261279%Property Taxes$4,00884%Insurance$91019%Management$71215%CapEx$1904%Maintenance$1904%Other$1,18725%

Investment Breakdown

|

Purchase Price

$2600k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$564k

Downpayment

20%

$520k

Closing costs

1%

$26,000

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$4,747

Total Expenses

$20,458

Mortgage P&I

279%

$13,261

Property Taxes

84%

$4,008

Home Insurance

19%

$910

HOA

0%

$0

Property Management

15%

$712

CapEx

4%

$190

Vacancy

0%

$0

Maintenance

4%

$190

Other

25%

$1,187

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