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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 -34.1% first-year return on $564k initial cash invested.

-34.1%

Cash On Cash

-1.2%

Cap Rate

-0.2

DSCR

$4,143

Rent

-$16,025

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,143 income − $20,168 expenses = $16,025 out of pocket

Income$4,143Out of Pocket$16,025Mortgage P&I$13,261320%Property Taxes$4,00897%Insurance$91022%Management$62115%CapEx$1664%Maintenance$1664%Other$1,03625%

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

$4,143

Total Expenses

$20,168

Mortgage P&I

320%

$13,261

Property Taxes

97%

$4,008

Home Insurance

22%

$910

HOA

0%

$0

Property Management

15%

$621

CapEx

4%

$166

Vacancy

0%

$0

Maintenance

4%

$166

Other

25%

$1,036

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