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411 N Main St, Southampton, NY 11968

3 beds • 2 baths • 1692 sqft

$1,932,700

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This property looks like a bad Airbnb investment with a projected -22.59% first-year return on $424k initial cash invested.

-22.59%

Cash On Cash

1.34%

Cap Rate

0.22

DSCR

$10,585

Rent

-$7,979

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$10,585 income − $18,564 expenses = $7,979 out of pocket

Income$10,585Out of Pocket$7,979Mortgage P&I$9,71092%Property Taxes$3,07629%Insurance$6987%Management$1,58815%CapEx$4234%Maintenance$4234%Other$2,64625%

Investment Breakdown

|

Purchase Price

$1933k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$424k

Downpayment

20%

$387k

Closing costs

1%

$19,327

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$10,585

Total Expenses

$18,564

Mortgage P&I

92%

$9,710

Property Taxes

29%

$3,076

Home Insurance

7%

$698

HOA

0%

$0

Property Management

15%

$1,588

CapEx

4%

$423

Vacancy

0%

$0

Maintenance

4%

$423

Other

25%

$2,646

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