Zip Code 11024 — Great Neck, NY
🔴POOR— negative cash flow likelyCap Rate
-0.1%
Monthly Cash Flow
-$12,562
Median Home Price
$2,313,107
DSCR
-0.02
🏠 Fair Market Rents
- Studio
- $1,940/mo
- 1 Bedroom
- $2,440/mo
- 2 Bedroom
- $2,850/mo
- 3 Bedroom
- $3,690/mo
- 4 Bedroom
- $4,000/mo
📊 Investment Metrics
- Cap Rate
- -0.1%
- Cash-on-Cash Return
- -28.3%
- Price-to-Rent Ratio
- 52.2
- 1% Rule
- 0.16%
- Gross Rent Multiplier
- 52.2
- Vacancy Rate
- 8.0%
📋 Assumptions Used
20% down payment, 7.000000000000001% interest rate, 30-year fixed, 8% vacancy, 10% maintenance, 1.2% property tax
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