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$6,596 (target)

40 Highlands Dr, Southampton, NY 11968

3 beds • 2 baths • 1241 sqft

$1,550,000

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This property looks like a bad Long-Term investment with a projected -21.94% first-year return on $326k initial cash invested.

-21.94%

Cash On Cash

1.76%

Cap Rate

0.29

DSCR

$6,596

Rent

-$5,951

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,596 income − $12,547 expenses = $5,951 out of pocket

Income$6,596Out of Pocket$5,951Mortgage P&I$7,899120%Property Taxes$2,39036%Insurance$5428%Management$66010%CapEx$3305%Vacancy$3966%Maintenance$3305%

Investment Breakdown

|

Purchase Price

$1550k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$326k

Downpayment

20%

$310k

Closing costs

1%

$15,500

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$6,596

Total Expenses

$12,547

Mortgage P&I

120%

$7,899

Property Taxes

36%

$2,390

Home Insurance

8%

$542

HOA

0%

$0

Property Management

10%

$660

CapEx

5%

$330

Vacancy

6%

$396

Maintenance

5%

$330

Other

0%

$0

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