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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 Long-Term investment with a projected -26.58% first-year return on $385k initial cash invested.

-26.58%

Cash On Cash

0.6%

Cap Rate

0.1

DSCR

$5,700

Rent

-$8,523

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

$385k

Downpayment

20%

$366k

Closing costs

1%

$18,321

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$5,700

Total Expenses

$14,223

Mortgage P&I

161%

$9,156

Property Taxes

51%

$2,922

Home Insurance

12%

$663

HOA

0%

$0

Property Management

10%

$570

CapEx

5%

$285

Vacancy

6%

$342

Maintenance

5%

$285

Other

0%

$0

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