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$5,743 (target)

9043 70th Dr, Forest Hills, NY 11375

3 beds • 2 baths • 0 sqft

$1,188,000

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This property looks like a bad Long-Term investment with a projected -12.29% first-year return on $249k initial cash invested.

-12.29%

Cash On Cash

3.56%

Cap Rate

0.61

DSCR

$5,743

Rent

-$2,555

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,743 income − $8,298 expenses = $2,555 out of pocket

Income$5,743Out of Pocket$2,555Mortgage P&I$5,789101%Property Taxes$60010%Insurance$4167%Management$57410%CapEx$2875%Vacancy$3456%Maintenance$2875%

Investment Breakdown

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Purchase Price

$1188k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$249k

Downpayment

20%

$238k

Closing costs

1%

$11,880

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$5,743

Total Expenses

$8,298

Mortgage P&I

101%

$5,789

Property Taxes

10%

$600

Home Insurance

7%

$416

HOA

0%

$0

Property Management

10%

$574

CapEx

5%

$287

Vacancy

6%

$345

Maintenance

5%

$287

Other

0%

$0

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