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$7,502 (target)

234-11 38th Dr, Flushing, NY 11363

3 beds • 3 baths • 2400 sqft

$1,847,400

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This property looks like a bad Mid-Term investment with a projected -18.4% first-year return on $406k initial cash invested.

-18.4%

Cash On Cash

2.21%

Cap Rate

0.36

DSCR

$7,502

Rent

-$6,224

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$1847k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$406k

Downpayment

20%

$369k

Closing costs

1%

$18,474

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$7,502

Total Expenses

$13,726

Mortgage P&I

124%

$9,329

Property Taxes

16%

$1,184

Home Insurance

9%

$663

HOA

0%

$0

Property Management

12%

$900

CapEx

4%

$300

Vacancy

3%

$225

Maintenance

4%

$300

Other

11%

$825

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