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147 Cold Spring Point Rd, Southampton, NY 11968

3 beds • 4 baths • 4000 sqft

$7,069,800

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This property looks like a bad Airbnb investment with a projected -35.36% first-year return on $1503k initial cash invested.

-35.36%

Cash On Cash

-1.45%

Cap Rate

-0.24

DSCR

$10,052

Rent

-$44,284

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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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

$10,052

Total Expenses

$54,336

Mortgage P&I

352%

$35,333

Property Taxes

115%

$11,555

Home Insurance

26%

$2,623

HOA

0%

$0

Property Management

15%

$1,508

CapEx

4%

$402

Vacancy

0%

$0

Maintenance

4%

$402

Other

25%

$2,513

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