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$9,573 (target)

630 Montauk Hwy, Amagansett, NY 11930

3 beds • 2 baths • 0 sqft

$2,800,000

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This property looks like a bad Mid-Term investment with a projected -26.75% first-year return on $606k initial cash invested.

-26.75%

Cash On Cash

0.6%

Cap Rate

0.1

DSCR

$9,573

Rent

-$13,508

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$9,573 income − $23,081 expenses = $13,508 out of pocket

Income$9,573Out of Pocket$13,508Mortgage P&I$14,529152%Property Taxes$4,31745%Insurance$98010%Management$1,14912%CapEx$3834%Vacancy$2873%Maintenance$3834%Other$1,05311%

Investment Breakdown

|

Purchase Price

$2800k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$606k

Downpayment

20%

$560k

Closing costs

1%

$28,000

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$9,573

Total Expenses

$23,081

Mortgage P&I

152%

$14,529

Property Taxes

45%

$4,317

Home Insurance

10%

$980

HOA

0%

$0

Property Management

12%

$1,149

CapEx

4%

$383

Vacancy

3%

$287

Maintenance

4%

$383

Other

11%

$1,053

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