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$3,820 (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 Long-Term investment with a projected -19.15% first-year return on $249k initial cash invested.

-19.15%

Cash On Cash

2.25%

Cap Rate

0.37

DSCR

$3,820

Rent

-$3,982

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,820 income − $7,802 expenses = $3,982 out of pocket

Income$3,820Out of Pocket$3,982Mortgage P&I$6,018158%Property Taxes$37510%Insurance$41611%Management$38210%CapEx$1915%Vacancy$2296%Maintenance$1915%

Investment Breakdown

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Purchase Price

$1188k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$249k

Downpayment

20%

$238k

Closing costs

1%

$11,880

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,820

Total Expenses

$7,802

Mortgage P&I

158%

$6,018

Property Taxes

10%

$375

Home Insurance

11%

$416

HOA

0%

$0

Property Management

10%

$382

CapEx

5%

$191

Vacancy

6%

$229

Maintenance

5%

$191

Other

0%

$0

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