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$8,978 (target)

35 Devon Rd, Amagansett, NY 11930

3 beds • 3 baths • 1553 sqft

$2,731,800

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This property looks like a bad Mid-Term investment with a projected -31.03% first-year return on $592k initial cash invested.

-31.03%

Cash On Cash

-0.56%

Cap Rate

-0.09

DSCR

$8,978

Rent

-$15,301

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$8,978 income − $24,279 expenses = $15,301 out of pocket

Income$8,978Out of Pocket$15,301Mortgage P&I$13,670152%Property Taxes$6,15969%Insurance$1,39816%Management$1,07712%CapEx$3594%Vacancy$2693%Maintenance$3594%Other$98811%

Investment Breakdown

|

Purchase Price

$2732k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$592k

Downpayment

20%

$546k

Closing costs

1%

$27,318

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$8,978

Total Expenses

$24,279

Mortgage P&I

152%

$13,670

Property Taxes

69%

$6,159

Home Insurance

16%

$1,398

HOA

0%

$0

Property Management

12%

$1,077

CapEx

4%

$359

Vacancy

3%

$269

Maintenance

4%

$359

Other

11%

$988

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