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50 Norfolk Dr, East Hampton, NY 11937

3 beds • 3 baths • 1530 sqft

$1,450,000

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This property looks like a bad Airbnb investment with a projected -29.66% first-year return on $323k initial cash invested.

-29.66%

Cash On Cash

-0.62%

Cap Rate

-0.11

DSCR

$3,553

Rent

-$7,971

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,553 income − $11,524 expenses = $7,971 out of pocket

Income$3,553Out of Pocket$7,971Mortgage P&I$7,076199%Property Taxes$2,23563%Insurance$50814%Management$53315%CapEx$1424%Maintenance$1424%Other$88825%

Investment Breakdown

|

Purchase Price

$1450k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$323k

Downpayment

20%

$290k

Closing costs

1%

$14,500

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$3,553

Total Expenses

$11,524

Mortgage P&I

199%

$7,076

Property Taxes

63%

$2,235

Home Insurance

14%

$508

HOA

0%

$0

Property Management

15%

$533

CapEx

4%

$142

Vacancy

0%

$0

Maintenance

4%

$142

Other

25%

$888

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