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$6,855 (target)

18 Cliff Rd, Amagansett, NY 11930

3 beds • 2 baths • 1536 sqft

$5,025,100

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This property looks like a bad Mid-Term investment with a projected -33.94% first-year return on $1073k initial cash invested.

-33.94%

Cash On Cash

-1.19%

Cap Rate

-0.2

DSCR

$6,855

Rent

-$30,355

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,855 income − $37,210 expenses = $30,355 out of pocket

Income$6,855Out of Pocket$30,355Mortgage P&I$25,080366%Property Taxes$7,986116%Insurance$1,81326%Management$82312%CapEx$2744%Vacancy$2063%Maintenance$2744%Other$75411%

Investment Breakdown

|

Purchase Price

$5025k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$1073k

Downpayment

20%

$1005k

Closing costs

1%

$50,251

Rehab

0%

$0

Furnishing

0%

$18,000

Cashflow

Total Income

$6,855

Total Expenses

$37,210

Mortgage P&I

366%

$25,080

Property Taxes

117%

$7,986

Home Insurance

26%

$1,813

HOA

0%

$0

Property Management

12%

$823

CapEx

4%

$274

Vacancy

3%

$206

Maintenance

4%

$274

Other

11%

$754

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