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2529 Mill Ave, Brooklyn, NY 11234

3 beds • 3 baths • 1430 sqft

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This property looks like a bad Airbnb investment with a projected -15.85% first-year return on $189k initial cash invested.

-15.85%

Cash On Cash

2.42%

Cap Rate

0.41

DSCR

$4,369

Rent

-$2,498

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$815k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$189k

Downpayment

20%

$163k

Closing costs

1%

$8,150

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$4,369

Total Expenses

$6,867

Mortgage P&I

91%

$3,966

Property Taxes

12%

$519

Home Insurance

7%

$285

HOA

0%

$0

Property Management

15%

$655

CapEx

4%

$175

Vacancy

0%

$0

Maintenance

4%

$175

Other

25%

$1,092

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