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$8,256 (target)

606 Majors Path, Southampton, NY 11968

3 beds • 3 baths • 2500 sqft

$1,520,000

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This property looks like a bad Long-Term investment with a projected -16% first-year return on $319k initial cash invested.

-16%

Cash On Cash

3.51%

Cap Rate

0.54

DSCR

$8,256

Rent

-$4,257

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$8,256 income − $12,513 expenses = $4,257 out of pocket

Income$8,256Out of Pocket$4,257Mortgage P&I$8,285100%Property Taxes$1,69621%Insurance$3855%Management$82610%CapEx$4135%Vacancy$4956%Maintenance$4135%

Investment Breakdown

|

Purchase Price

$1520k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$319k

Downpayment

20%

$304k

Closing costs

1%

$15,200

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$8,256

Total Expenses

$12,513

Mortgage P&I

100%

$8,285

Property Taxes

21%

$1,696

Home Insurance

5%

$385

HOA

0%

$0

Property Management

10%

$826

CapEx

5%

$413

Vacancy

6%

$495

Maintenance

5%

$413

Other

0%

$0

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