57-03 Cloverdale Blvd, Oakland Gardens, NY 11364
3 beds • 4 baths • 2000 sqft
$1,230,100
View on ZillowThis property looks like a bad Long-Term investment with a projected -21.96% first-year return on $258k initial cash invested.
-21.96%
Cash On Cash
2.03%
Cap Rate
0.32
DSCR
$4,318
Rent
-$4,727
Cashflow
Cash Flow
$4,318 income − $9,045 expenses = $4,727 out of pocket
Investment Breakdown
|
Purchase Price
$1230k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$258k
Downpayment
20%
$246k
Closing costs
1%
$12,301
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,318
Total Expenses
$9,045
Mortgage P&I
153%
$6,590
Property Taxes
21%
$895
Home Insurance
10%
$437
HOA
0%
$0
Property Management
10%
$432
CapEx
5%
$216
Vacancy
6%
$259
Maintenance
5%
$216
Other
0%
$0