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18 Island Rd, East Hampton, NY 11937

3 beds • 2 baths • 1660 sqft

$3,905,100

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This property looks like a bad Airbnb investment with a projected -35.73% first-year return on $838k initial cash invested.

-35.73%

Cash On Cash

-1.63%

Cap Rate

-0.27

DSCR

$4,028

Rent

-$24,952

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,028 income − $28,980 expenses = $24,952 out of pocket

Income$4,028Out of Pocket$24,952Mortgage P&I$19,490484%Property Taxes$6,159153%Insurance$1,39835%Management$60415%CapEx$1614%Maintenance$1614%Other$1,00725%

Investment Breakdown

|

Purchase Price

$3905k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$838k

Downpayment

20%

$781k

Closing costs

1%

$39,051

Rehab

0%

$0

Furnishing

0%

$18,000

Cashflow

Total Income

$4,028

Total Expenses

$28,980

Mortgage P&I

484%

$19,490

Property Taxes

153%

$6,159

Home Insurance

35%

$1,398

HOA

0%

$0

Property Management

15%

$604

CapEx

4%

$161

Vacancy

0%

$0

Maintenance

4%

$161

Other

25%

$1,007

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