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7 Corwin Ln, Hampton Bays, NY 11946

3 beds • 2 baths • 1320 sqft

$1,036,900

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This property looks like a bad Mid-Term investment with a projected -9% first-year return on $236k initial cash invested.

-9%

Cash On Cash

4.2%

Cap Rate

0.71

DSCR

$8,020

Rent

-$1,768

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$1037k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$236k

Downpayment

20%

$207k

Closing costs

1%

$10,369

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$8,020

Total Expenses

$9,788

Mortgage P&I

63%

$5,074

Property Taxes

20%

$1,619

Home Insurance

5%

$368

HOA

0%

$0

Property Management

12%

$962

CapEx

4%

$321

Vacancy

3%

$241

Maintenance

4%

$321

Other

11%

$882

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