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$8,614 (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 Mid-Term investment with a projected -5.03% first-year return on $267k initial cash invested.

-5.03%

Cash On Cash

5.06%

Cap Rate

0.87

DSCR

$8,614

Rent

-$1,121

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$8,614 income − $9,735 expenses = $1,121 out of pocket

Income$8,614Out of Pocket$1,121Mortgage P&I$5,78967%Property Taxes$6007%Insurance$4165%Management$1,03412%CapEx$3454%Vacancy$2583%Maintenance$3454%Other$94811%

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

$8,614

Total Expenses

$9,735

Mortgage P&I

67%

$5,789

Property Taxes

7%

$600

Home Insurance

5%

$416

HOA

0%

$0

Property Management

12%

$1,034

CapEx

4%

$345

Vacancy

3%

$258

Maintenance

4%

$345

Other

11%

$948

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