REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$4,622 (target)

34 Napeague Ln, Amagansett, NY 11930

3 beds • 2 baths • 0 sqft

$2,224,800

View on Zillow
Email

This property looks like a bad Long-Term investment with a projected -34.24% first-year return on $467k initial cash invested.

-34.24%

Cash On Cash

-0.33%

Cap Rate

-0.05

DSCR

$4,622

Rent

-$13,332

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,622 income − $17,954 expenses = $13,332 out of pocket

Income$4,622Out of Pocket$13,332Mortgage P&I$12,496270%Property Taxes$3,46975%Insurance$78817%Management$46210%CapEx$2315%Vacancy$2776%Maintenance$2315%

Investment Breakdown

|

Purchase Price

$2225k

Downpayment

20.0%

Interest Rate

7.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$467k

Downpayment

20%

$445k

Closing costs

1%

$22,248

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$4,622

Total Expenses

$17,954

Mortgage P&I

270%

$12,496

Property Taxes

75%

$3,469

Home Insurance

17%

$788

HOA

0%

$0

Property Management

10%

$462

CapEx

5%

$231

Vacancy

6%

$277

Maintenance

5%

$231

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis