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$4,571 (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 Long-Term investment with a projected -19.77% first-year return on $274k initial cash invested.

-19.77%

Cash On Cash

2.02%

Cap Rate

0.34

DSCR

$4,571

Rent

-$4,508

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,571 income − $9,079 expenses = $4,508 out of pocket

Income$4,571Out of Pocket$4,508Mortgage P&I$6,468142%Property Taxes$95521%Insurance$46710%Management$45710%CapEx$2295%Vacancy$2746%Maintenance$2295%

Investment Breakdown

|

Purchase Price

$1303k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$274k

Downpayment

20%

$261k

Closing costs

1%

$13,028

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$4,571

Total Expenses

$9,079

Mortgage P&I

142%

$6,468

Property Taxes

21%

$955

Home Insurance

10%

$467

HOA

0%

$0

Property Management

10%

$457

CapEx

5%

$229

Vacancy

6%

$274

Maintenance

5%

$229

Other

0%

$0

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