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$11,304 (target)

56 Lincoln Ave, East Hampton, NY 11937

3 beds • 2 baths • 1430 sqft

$1,798,400

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This property looks like a bad Mid-Term investment with a projected -15.48% first-year return on $396k initial cash invested.

-15.48%

Cash On Cash

3.02%

Cap Rate

0.49

DSCR

$11,304

Rent

-$5,105

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$11,304 income − $16,409 expenses = $5,105 out of pocket

Income$11,304Out of Pocket$5,105Mortgage P&I$9,17281%Property Taxes$2,76724%Insurance$6286%Management$1,35612%CapEx$4524%Vacancy$3393%Maintenance$4524%Other$1,24311%

Investment Breakdown

|

Purchase Price

$1798k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$396k

Downpayment

20%

$360k

Closing costs

1%

$17,984

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$11,304

Total Expenses

$16,409

Mortgage P&I

81%

$9,172

Property Taxes

24%

$2,767

Home Insurance

6%

$628

HOA

0%

$0

Property Management

12%

$1,356

CapEx

4%

$452

Vacancy

3%

$339

Maintenance

4%

$452

Other

11%

$1,243

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