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1942 61st St, Brooklyn, NY 11204

3 beds • 3 baths • 1440 sqft

$1,150,000

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This property looks like a bad Long-Term investment with a projected -17.84% first-year return on $242k initial cash invested.

-17.84%

Cash On Cash

2.4%

Cap Rate

0.4

DSCR

$3,692

Rent

-$3,591

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$1150k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$242k

Downpayment

20%

$230k

Closing costs

1%

$11,500

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,692

Total Expenses

$7,283

Mortgage P&I

154%

$5,702

Property Taxes

6%

$218

Home Insurance

11%

$402

HOA

0%

$0

Property Management

10%

$369

CapEx

5%

$185

Vacancy

6%

$222

Maintenance

5%

$185

Other

0%

$0

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