REI Lense

REI Lense

Unlock all features! Tap here to upgrade

9043 70th Dr, Forest Hills, NY 11375

3 beds • 2 baths • 0 sqft

$1,188,000

View on Zillow
Email

This property looks like a bad Airbnb investment with a projected -23.71% first-year return on $267k initial cash invested.

-23.71%

Cash On Cash

0.63%

Cap Rate

0.11

DSCR

$2,924

Rent

-$5,285

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,924 income − $8,209 expenses = $5,285 out of pocket

Income$2,924Out of Pocket$5,285Mortgage P&I$5,789198%Property Taxes$60021%Insurance$41614%Management$43915%CapEx$1174%Maintenance$1174%Other$73125%

Investment Breakdown

|

Purchase Price

$1188k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$267k

Downpayment

20%

$238k

Closing costs

1%

$11,880

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$2,924

Total Expenses

$8,209

Mortgage P&I

198%

$5,789

Property Taxes

21%

$600

Home Insurance

14%

$416

HOA

0%

$0

Property Management

15%

$439

CapEx

4%

$117

Vacancy

0%

$0

Maintenance

4%

$117

Other

25%

$731

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis