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147 Cold Spring Point Rd, Southampton, NY 11968
3 beds • 4 baths • 4000 sqft
$7,069,800
View on ZillowThis property looks like a bad Airbnb investment with a projected -35.41% first-year return on $1503k initial cash invested.
-35.41%
Cash On Cash
-1.46%
Cap Rate
-0.24
DSCR
$9,930
Rent
-$44,347
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$9,930 income − $54,277 expenses = $44,347 out of pocket
Investment Breakdown
|
Purchase Price
$7070k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$1503k
Downpayment
20%
$1414k
Closing costs
1%
$70,698
Rehab
0%
$0
Furnishing
0%
$18,000
Cashflow
Total Income
$9,930
Total Expenses
$54,277
Mortgage P&I
356%
$35,333
Property Taxes
116%
$11,555
Home Insurance
26%
$2,623
HOA
0%
$0
Property Management
15%
$1,490
CapEx
4%
$397
Vacancy
0%
$0
Maintenance
4%
$397
Other
25%
$2,482