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$6,237 (target)

180 Washington Heights Ave, Hampton Bays, NY 11946

3 beds • 2 baths • 1164 sqft

$1,353,300

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This property looks like a bad Long-Term investment with a projected -20.2% first-year return on $284k initial cash invested.

-20.2%

Cash On Cash

2.03%

Cap Rate

0.34

DSCR

$6,237

Rent

-$4,785

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,237 income − $11,022 expenses = $4,785 out of pocket

Income$6,237Out of Pocket$4,785Mortgage P&I$6,763108%Property Taxes$2,14934%Insurance$4888%Management$62410%CapEx$3125%Vacancy$3746%Maintenance$3125%

Investment Breakdown

|

Purchase Price

$1353k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$284k

Downpayment

20%

$271k

Closing costs

1%

$13,533

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$6,237

Total Expenses

$11,022

Mortgage P&I

108%

$6,763

Property Taxes

34%

$2,149

Home Insurance

8%

$488

HOA

0%

$0

Property Management

10%

$624

CapEx

5%

$312

Vacancy

6%

$374

Maintenance

5%

$312

Other

0%

$0

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