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$6,933 (target)

34 Napeague Ln, Amagansett, NY 11930

3 beds • 2 baths • 0 sqft

$2,224,800

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This property looks like a bad Mid-Term investment with a projected -30.12% first-year return on $485k initial cash invested.

-30.12%

Cash On Cash

0.32%

Cap Rate

0.05

DSCR

$6,933

Rent

-$12,177

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,933 income − $19,110 expenses = $12,177 out of pocket

Income$6,933Out of Pocket$12,177Mortgage P&I$12,496180%Property Taxes$3,46950%Insurance$78811%Management$83212%CapEx$2774%Vacancy$2083%Maintenance$2774%Other$76311%

Investment Breakdown

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Purchase Price

$2225k

Downpayment

20.0%

Interest Rate

7.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$485k

Downpayment

20%

$445k

Closing costs

1%

$22,248

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$6,933

Total Expenses

$19,110

Mortgage P&I

180%

$12,496

Property Taxes

50%

$3,469

Home Insurance

11%

$788

HOA

0%

$0

Property Management

12%

$832

CapEx

4%

$277

Vacancy

3%

$208

Maintenance

4%

$277

Other

11%

$763

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