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$6,854 (target)

14123 Hoover Ave, Jamaica, NY 11435

3 beds • 3 baths • 1406 sqft

$1,319,600

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This property looks like a bad Mid-Term investment with a projected -13.92% first-year return on $295k initial cash invested.

-13.92%

Cash On Cash

3.22%

Cap Rate

0.53

DSCR

$6,854

Rent

-$3,423

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,854 income − $10,277 expenses = $3,423 out of pocket

Income$6,854Out of Pocket$3,423Mortgage P&I$6,68998%Property Taxes$78611%Insurance$4727%Management$82212%CapEx$2744%Vacancy$2063%Maintenance$2744%Other$75411%

Investment Breakdown

|

Purchase Price

$1320k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$295k

Downpayment

20%

$264k

Closing costs

1%

$13,196

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$6,854

Total Expenses

$10,277

Mortgage P&I

98%

$6,689

Property Taxes

11%

$786

Home Insurance

7%

$472

HOA

0%

$0

Property Management

12%

$822

CapEx

4%

$274

Vacancy

3%

$206

Maintenance

4%

$274

Other

11%

$754

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