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$4,389 (target)

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 Long-Term investment with a projected -20.37% first-year return on $294k initial cash invested.

-20.37%

Cash On Cash

1.91%

Cap Rate

0.32

DSCR

$4,389

Rent

-$4,988

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,389 income − $9,377 expenses = $4,988 out of pocket

Income$4,389Out of Pocket$4,988Mortgage P&I$6,992159%Property Taxes$75517%Insurance$49011%Management$43910%CapEx$2195%Vacancy$2636%Maintenance$2195%

Investment Breakdown

|

Purchase Price

$1399k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$294k

Downpayment

20%

$280k

Closing costs

1%

$13,990

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$4,389

Total Expenses

$9,377

Mortgage P&I

159%

$6,992

Property Taxes

17%

$755

Home Insurance

11%

$490

HOA

0%

$0

Property Management

10%

$439

CapEx

5%

$219

Vacancy

6%

$263

Maintenance

5%

$219

Other

0%

$0

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