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$8,610 (target)

305 Mayfair Dr N, Brooklyn, NY 11234

3 beds • 2 baths • 2320 sqft

$2,192,400

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This property looks like a bad Mid-Term investment with a projected -21.15% first-year return on $478k initial cash invested.

-21.15%

Cash On Cash

2.29%

Cap Rate

0.34

DSCR

$8,610

Rent

-$8,431

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$8,610 income − $17,041 expenses = $8,431 out of pocket

Income$8,610Out of Pocket$8,431Mortgage P&I$12,264142%Property Taxes$1,04612%Insurance$8059%Management$1,03312%CapEx$3444%Vacancy$2583%Maintenance$3444%Other$94711%

Investment Breakdown

|

Purchase Price

$2192k

Downpayment

20.0%

Interest Rate

7.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$478k

Downpayment

20%

$438k

Closing costs

1%

$21,924

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$8,610

Total Expenses

$17,041

Mortgage P&I

142%

$12,264

Property Taxes

12%

$1,046

Home Insurance

9%

$805

HOA

0%

$0

Property Management

12%

$1,033

CapEx

4%

$344

Vacancy

3%

$258

Maintenance

4%

$344

Other

11%

$947

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