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$7,360 (target)

9016 68th Ave, Forest Hills, NY 11375

3 beds • 2 baths • 2000 sqft

$1,271,900

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This property looks like a bad Mid-Term investment with a projected -11.79% first-year return on $285k initial cash invested.

-11.79%

Cash On Cash

3.53%

Cap Rate

0.6

DSCR

$7,360

Rent

-$2,801

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$7,360 income − $10,161 expenses = $2,801 out of pocket

Income$7,360Out of Pocket$2,801Mortgage P&I$6,24985%Property Taxes$85012%Insurance$5608%Management$88312%CapEx$2944%Vacancy$2213%Maintenance$2944%Other$81011%

Investment Breakdown

|

Purchase Price

$1272k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$285k

Downpayment

20%

$254k

Closing costs

1%

$12,719

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$7,360

Total Expenses

$10,161

Mortgage P&I

85%

$6,249

Property Taxes

12%

$850

Home Insurance

8%

$560

HOA

0%

$0

Property Management

12%

$883

CapEx

4%

$294

Vacancy

3%

$221

Maintenance

4%

$294

Other

11%

$810

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