REI Lense

REI Lense

Unlock all features! Tap here to upgrade

19 Sandgate Ln, Southampton, NY 11968

3 beds • 2 baths • 2450 sqft

$3,450,000

View on Zillow
Email

This property looks like a bad Airbnb investment with a projected -33.38% first-year return on $743k initial cash invested.

-33.38%

Cash On Cash

-0.97%

Cap Rate

-0.16

DSCR

$6,669

Rent

-$20,655

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,669 income − $27,324 expenses = $20,655 out of pocket

Income$6,669Out of Pocket$20,655Mortgage P&I$17,596264%Property Taxes$5,31980%Insurance$1,20818%Management$1,00015%CapEx$2674%Maintenance$2674%Other$1,66725%

Investment Breakdown

|

Purchase Price

$3450k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$743k

Downpayment

20%

$690k

Closing costs

1%

$34,500

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$6,669

Total Expenses

$27,324

Mortgage P&I

264%

$17,596

Property Taxes

80%

$5,319

Home Insurance

18%

$1,208

HOA

0%

$0

Property Management

15%

$1,000

CapEx

4%

$267

Vacancy

0%

$0

Maintenance

4%

$267

Other

25%

$1,667

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis