REI Lense

REI Lense

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$4,764 (target)

47 Suffolk Rd, Hampton Bays, NY 11946

3 beds • 2 baths • 1413 sqft

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This property looks like a bad Long-Term investment with a projected -16.48% first-year return on $184k initial cash invested.

-16.48%

Cash On Cash

2.86%

Cap Rate

0.48

DSCR

$4,764

Rent

-$2,528

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,764 income − $7,292 expenses = $2,528 out of pocket

Income$4,764Out of Pocket$2,528Mortgage P&I$4,38092%Property Taxes$1,36429%Insurance$3107%Management$47610%CapEx$2385%Vacancy$2866%Maintenance$2385%

Investment Breakdown

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Purchase Price

$876k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$184k

Downpayment

20%

$175k

Closing costs

1%

$8,764

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$4,764

Total Expenses

$7,292

Mortgage P&I

92%

$4,380

Property Taxes

29%

$1,364

Home Insurance

7%

$310

HOA

0%

$0

Property Management

10%

$476

CapEx

5%

$238

Vacancy

6%

$286

Maintenance

5%

$238

Other

0%

$0

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