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$6,856 (target)

8839 69th Rd, Forest Hills, NY 11375

3 beds • 2 baths • 1248 sqft

$1,302,800

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This property looks like a bad Mid-Term investment with a projected -13.85% first-year return on $292k initial cash invested.

-13.85%

Cash On Cash

3.11%

Cap Rate

0.52

DSCR

$6,856

Rent

-$3,365

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,856 income − $10,221 expenses = $3,365 out of pocket

Income$6,856Out of Pocket$3,365Mortgage P&I$6,46894%Property Taxes$95514%Insurance$4677%Management$82312%CapEx$2744%Vacancy$2063%Maintenance$2744%Other$75411%

Investment Breakdown

|

Purchase Price

$1303k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$292k

Downpayment

20%

$261k

Closing costs

1%

$13,028

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$6,856

Total Expenses

$10,221

Mortgage P&I

94%

$6,468

Property Taxes

14%

$955

Home Insurance

7%

$467

HOA

0%

$0

Property Management

12%

$823

CapEx

4%

$274

Vacancy

3%

$206

Maintenance

4%

$274

Other

11%

$754

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