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$5,904 (target)

15138 26th Ave, Flushing, NY 11354

3 beds • 3 baths • 1144 sqft

$1,200,000

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This property looks like a bad Mid-Term investment with a projected -15.25% first-year return on $270k initial cash invested.

-15.25%

Cash On Cash

2.8%

Cap Rate

0.47

DSCR

$5,904

Rent

-$3,431

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,904 income − $9,335 expenses = $3,431 out of pocket

Income$5,904Out of Pocket$3,431Mortgage P&I$5,997102%Property Taxes$91215%Insurance$4207%Management$70812%CapEx$2364%Vacancy$1773%Maintenance$2364%Other$64911%

Investment Breakdown

|

Purchase Price

$1200k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$270k

Downpayment

20%

$240k

Closing costs

1%

$12,000

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$5,904

Total Expenses

$9,335

Mortgage P&I

102%

$5,997

Property Taxes

15%

$912

Home Insurance

7%

$420

HOA

0%

$0

Property Management

12%

$708

CapEx

4%

$236

Vacancy

3%

$177

Maintenance

4%

$236

Other

11%

$649

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