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2824 214th St, Flushing, NY 11360

3 beds • 3 baths • 2956 sqft

$1,888,888

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This property looks like a bad Long-Term investment with a projected -26.09% first-year return on $397k initial cash invested.

-26.09%

Cash On Cash

0.8%

Cap Rate

0.13

DSCR

$4,144

Rent

-$8,624

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$1889k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$397k

Downpayment

20%

$378k

Closing costs

1%

$18,889

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$4,144

Total Expenses

$12,768

Mortgage P&I

233%

$9,676

Property Taxes

33%

$1,354

Home Insurance

16%

$661

HOA

0%

$0

Property Management

10%

$414

CapEx

5%

$207

Vacancy

6%

$249

Maintenance

5%

$207

Other

0%

$0

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