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24 Far Pond Rd, Southampton, NY 11968

3 beds • 3 baths • 2600 sqft

$4,341,800

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This property looks like a bad Airbnb investment with a projected -35.71% first-year return on $930k initial cash invested.

-35.71%

Cash On Cash

-1.51%

Cap Rate

-0.25

DSCR

$5,472

Rent

-$27,670

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,472 income − $33,142 expenses = $27,670 out of pocket

Income$5,472Out of Pocket$27,670Mortgage P&I$22,002402%Property Taxes$6,938127%Insurance$1,57529%Management$82115%CapEx$2194%Maintenance$2194%Other$1,36825%

Investment Breakdown

|

Purchase Price

$4342k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$930k

Downpayment

20%

$868k

Closing costs

1%

$43,418

Rehab

0%

$0

Furnishing

0%

$18,000

Cashflow

Total Income

$5,472

Total Expenses

$33,142

Mortgage P&I

402%

$22,002

Property Taxes

127%

$6,938

Home Insurance

29%

$1,575

HOA

0%

$0

Property Management

15%

$821

CapEx

4%

$219

Vacancy

0%

$0

Maintenance

4%

$219

Other

25%

$1,368

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