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9215 68th Ave, Flushing, NY 11375

3 beds • 3 baths • 2147 sqft

$1,260,100

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This property looks like a bad Airbnb investment with a projected -26.66% first-year return on $283k initial cash invested.

-26.66%

Cash On Cash

-0.19%

Cap Rate

-0.03

DSCR

$2,098

Rent

-$6,279

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,098 income − $8,377 expenses = $6,279 out of pocket

Income$2,098Out of Pocket$6,279Mortgage P&I$5,995286%Property Taxes$85341%Insurance$52225%Management$31515%CapEx$844%Maintenance$844%Other$52425%

Investment Breakdown

|

Purchase Price

$1260k

Downpayment

20.0%

Interest Rate

5.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$283k

Downpayment

20%

$252k

Closing costs

1%

$12,601

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$2,098

Total Expenses

$8,377

Mortgage P&I

286%

$5,995

Property Taxes

41%

$853

Home Insurance

25%

$522

HOA

0%

$0

Property Management

15%

$315

CapEx

4%

$84

Vacancy

0%

$0

Maintenance

4%

$84

Other

25%

$524

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