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$5,730 (target)

15416 23rd Ave, Whitestone, NY 11357

3 beds • 2 baths • 2100 sqft

$1,188,000

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This property looks like a bad Mid-Term investment with a projected -13.58% first-year return on $267k initial cash invested.

-13.58%

Cash On Cash

3.25%

Cap Rate

0.54

DSCR

$5,730

Rent

-$3,027

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,730 income − $8,757 expenses = $3,027 out of pocket

Income$5,730Out of Pocket$3,027Mortgage P&I$6,018105%Property Taxes$3757%Insurance$4167%Management$68812%CapEx$2294%Vacancy$1723%Maintenance$2294%Other$63011%

Investment Breakdown

|

Purchase Price

$1188k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$267k

Downpayment

20%

$238k

Closing costs

1%

$11,880

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$5,730

Total Expenses

$8,757

Mortgage P&I

105%

$6,018

Property Taxes

7%

$375

Home Insurance

7%

$416

HOA

0%

$0

Property Management

12%

$688

CapEx

4%

$229

Vacancy

3%

$172

Maintenance

4%

$229

Other

11%

$630

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