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8967 218th Pl, Queens Village, NY 11427

3 beds • 2 baths • 1420 sqft

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This property looks like a bad Mid-Term investment with a projected -10.92% first-year return on $197k initial cash invested.

-10.92%

Cash On Cash

3.53%

Cap Rate

0.61

DSCR

$4,882

Rent

-$1,796

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$854k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$197k

Downpayment

20%

$171k

Closing costs

1%

$8,543

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$4,882

Total Expenses

$6,678

Mortgage P&I

84%

$4,114

Property Taxes

12%

$608

Home Insurance

6%

$297

HOA

0%

$0

Property Management

12%

$586

CapEx

4%

$195

Vacancy

3%

$146

Maintenance

4%

$195

Other

11%

$537

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