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$6,312 (target)

2612 E 28th St, Brooklyn, NY 11235

3 beds • 3 baths • 1060 sqft

$1,199,000

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This property looks like a bad Mid-Term investment with a projected -12.9% first-year return on $270k initial cash invested.

-12.9%

Cash On Cash

3.38%

Cap Rate

0.56

DSCR

$6,312

Rent

-$2,900

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,312 income − $9,212 expenses = $2,900 out of pocket

Income$6,312Out of Pocket$2,900Mortgage P&I$6,02795%Property Taxes$62110%Insurance$4207%Management$75712%CapEx$2524%Vacancy$1893%Maintenance$2524%Other$69411%

Investment Breakdown

|

Purchase Price

$1199k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$270k

Downpayment

20%

$240k

Closing costs

1%

$11,990

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$6,312

Total Expenses

$9,212

Mortgage P&I

95%

$6,027

Property Taxes

10%

$621

Home Insurance

7%

$420

HOA

0%

$0

Property Management

12%

$757

CapEx

4%

$252

Vacancy

3%

$189

Maintenance

4%

$252

Other

11%

$694

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