Zip Code 11001 — Floral Park, NY
🔴WEAK— appreciation play onlyCap Rate
2.0%
Monthly Cash Flow
-$3,123
Median Home Price
$853,929
DSCR
0.31
🏠 Fair Market Rents
- Studio
- $1,920/mo
- 1 Bedroom
- $2,160/mo
- 2 Bedroom
- $2,500/mo
- 3 Bedroom
- $3,210/mo
- 4 Bedroom
- $3,480/mo
📊 Investment Metrics
- Cap Rate
- 2.0%
- Cash-on-Cash Return
- -19.1%
- Price-to-Rent Ratio
- 22.2
- 1% Rule
- 0.38%
- Gross Rent Multiplier
- 22.2
- Vacancy Rate
- 8.0%
📋 Assumptions Used
20% down payment, 7.000000000000001% interest rate, 30-year fixed, 8% vacancy, 10% maintenance, 1.2% property tax
Customize these numbers in the calculator →