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1982 E 23rd St, Brooklyn, NY 11229

3 beds • 3 baths • 0 sqft

$1,399,000

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This property looks like a bad Airbnb investment with a projected -22.12% first-year return on $312k initial cash invested.

-22.12%

Cash On Cash

1.23%

Cap Rate

0.21

DSCR

$4,790

Rent

-$5,747

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,790 income − $10,537 expenses = $5,747 out of pocket

Income$4,790Out of Pocket$5,747Mortgage P&I$6,992146%Property Taxes$75516%Insurance$49010%Management$71815%CapEx$1924%Maintenance$1924%Other$1,19825%

Investment Breakdown

|

Purchase Price

$1399k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$312k

Downpayment

20%

$280k

Closing costs

1%

$13,990

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$4,790

Total Expenses

$10,537

Mortgage P&I

146%

$6,992

Property Taxes

16%

$755

Home Insurance

10%

$490

HOA

0%

$0

Property Management

15%

$718

CapEx

4%

$192

Vacancy

0%

$0

Maintenance

4%

$192

Other

25%

$1,198

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