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616 Three Mile Harbor Hc Rd, East Hampton, NY 11937
3 beds • 3 baths • 0 sqft
$1,600,000
View on ZillowThis property looks like a bad Airbnb investment with a projected -29.38% first-year return on $354k initial cash invested.
-29.38%
Cash On Cash
-0.36%
Cap Rate
-0.06
DSCR
$4,551
Rent
-$8,667
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$4,551 income − $13,218 expenses = $8,667 out of pocket
Investment Breakdown
|
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
$4,551
Total Expenses
$13,218
Mortgage P&I
176%
$8,006
Property Taxes
54%
$2,467
Home Insurance
12%
$560
HOA
0%
$0
Property Management
15%
$683
CapEx
4%
$182
Vacancy
0%
$0
Maintenance
4%
$182
Other
25%
$1,138