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28 Seabright Ave, East Hampton, NY 11937

3 beds • 2 baths • 1600 sqft

$1,350,000

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This property looks like a bad Airbnb investment with a projected -8.55% first-year return on $302k initial cash invested.

-8.55%

Cash On Cash

4.51%

Cap Rate

0.76

DSCR

$13,616

Rent

-$2,149

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$1350k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$302k

Downpayment

20%

$270k

Closing costs

1%

$13,500

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$13,616

Total Expenses

$15,765

Mortgage P&I

49%

$6,676

Property Taxes

15%

$2,081

Home Insurance

3%

$472

HOA

0%

$0

Property Management

15%

$2,042

CapEx

4%

$545

Vacancy

0%

$0

Maintenance

4%

$545

Other

25%

$3,404

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