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1247 Carroll St, Brooklyn, NY 11213

3 beds • 2 baths • 2049 sqft

$2,300,000

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This property looks like a bad Airbnb investment with a projected -25.42% first-year return on $501k initial cash invested.

-25.42%

Cash On Cash

0.69%

Cap Rate

0.11

DSCR

$5,055

Rent

-$10,613

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,055 income − $15,668 expenses = $10,613 out of pocket

Income$5,055Out of Pocket$10,613Mortgage P&I$11,731232%Property Taxes$70614%Insurance$80516%Management$75815%CapEx$2024%Maintenance$2024%Other$1,26425%

Investment Breakdown

|

Purchase Price

$2300k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$501k

Downpayment

20%

$460k

Closing costs

1%

$23,000

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$5,055

Total Expenses

$15,668

Mortgage P&I

232%

$11,731

Property Taxes

14%

$706

Home Insurance

16%

$805

HOA

0%

$0

Property Management

15%

$758

CapEx

4%

$202

Vacancy

0%

$0

Maintenance

4%

$202

Other

25%

$1,264

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