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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 -25.52% first-year return on $501k initial cash invested.

-25.52%

Cash On Cash

0.66%

Cap Rate

0.11

DSCR

$4,973

Rent

-$10,656

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,973 income − $15,629 expenses = $10,656 out of pocket

Income$4,973Out of Pocket$10,656Mortgage P&I$11,731236%Property Taxes$70614%Insurance$80516%Management$74615%CapEx$1994%Maintenance$1994%Other$1,24325%

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

$4,973

Total Expenses

$15,629

Mortgage P&I

236%

$11,731

Property Taxes

14%

$706

Home Insurance

16%

$805

HOA

0%

$0

Property Management

15%

$746

CapEx

4%

$199

Vacancy

0%

$0

Maintenance

4%

$199

Other

25%

$1,243

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