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34 Atlantic St, East Hampton, NY 11937

3 beds • 3 baths • 3385 sqft

$1,850,000

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This property looks like a bad Airbnb investment with a projected -20.13% first-year return on $407k initial cash invested.

-20.13%

Cash On Cash

2.07%

Cap Rate

0.34

DSCR

$11,957

Rent

-$6,820

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$11,957 income − $18,777 expenses = $6,820 out of pocket

Income$11,957Out of Pocket$6,820Mortgage P&I$9,53880%Property Taxes$2,85224%Insurance$6485%Management$1,79415%CapEx$4784%Maintenance$4784%Other$2,98925%

Investment Breakdown

|

Purchase Price

$1850k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$407k

Downpayment

20%

$370k

Closing costs

1%

$18,500

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$11,957

Total Expenses

$18,777

Mortgage P&I

80%

$9,538

Property Taxes

24%

$2,852

Home Insurance

5%

$648

HOA

0%

$0

Property Management

15%

$1,794

CapEx

4%

$478

Vacancy

0%

$0

Maintenance

4%

$478

Other

25%

$2,989

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