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16 Cove Rd, Southampton, NY 11968

3 beds • 2 baths • 1800 sqft

$1,832,100

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This property looks like a bad Mid-Term investment with a projected -21.15% first-year return on $403k initial cash invested.

-21.15%

Cash On Cash

1.57%

Cap Rate

0.26

DSCR

$8,550

Rent

-$7,097

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$1832k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$403k

Downpayment

20%

$366k

Closing costs

1%

$18,321

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$8,550

Total Expenses

$15,647

Mortgage P&I

107%

$9,156

Property Taxes

34%

$2,922

Home Insurance

8%

$663

HOA

0%

$0

Property Management

12%

$1,026

CapEx

4%

$342

Vacancy

3%

$256

Maintenance

4%

$342

Other

11%

$940

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