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616 Three Mile Harbor Hc Rd, East Hampton, NY 11937

3 beds • 3 baths • 0 sqft

$1,600,000

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This property looks like a bad Airbnb investment with a projected -29.86% first-year return on $354k initial cash invested.

-29.86%

Cash On Cash

-0.47%

Cap Rate

-0.08

DSCR

$4,277

Rent

-$8,809

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,277 income − $13,086 expenses = $8,809 out of pocket

Income$4,277Out of Pocket$8,809Mortgage P&I$8,006187%Property Taxes$2,46758%Insurance$56013%Management$64215%CapEx$1714%Maintenance$1714%Other$1,06925%

Investment Breakdown

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Purchase Price

$1600k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$354k

Downpayment

20%

$320k

Closing costs

1%

$16,000

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$4,277

Total Expenses

$13,086

Mortgage P&I

187%

$8,006

Property Taxes

58%

$2,467

Home Insurance

13%

$560

HOA

0%

$0

Property Management

15%

$642

CapEx

4%

$171

Vacancy

0%

$0

Maintenance

4%

$171

Other

25%

$1,069

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