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 Mid-Term investment with a projected -15.83% first-year return on $276k initial cash invested.
-15.83%
Cash On Cash
3.12%
Cap Rate
0.49
DSCR
$6,477
Rent
-$3,646
Cashflow
Cash Flow
$6,477 income − $10,123 expenses = $3,646 out of pocket
Investment Breakdown
|
Purchase Price
$1230k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$276k
Downpayment
20%
$246k
Closing costs
1%
$12,301
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$6,477
Total Expenses
$10,123
Mortgage P&I
102%
$6,590
Property Taxes
14%
$895
Home Insurance
7%
$437
HOA
0%
$0
Property Management
12%
$777
CapEx
4%
$259
Vacancy
3%
$194
Maintenance
4%
$259
Other
11%
$712