Zip Code 11224 — New York, NY
🔴WEAK— appreciation play onlyCap Rate
3.3%
Monthly Cash Flow
-$1,443
Median Home Price
$552,372
DSCR
0.51
🏠 Fair Market Rents
- Studio
- $1,920/mo
- 1 Bedroom
- $1,960/mo
- 2 Bedroom
- $2,210/mo
- 3 Bedroom
- $2,780/mo
- 4 Bedroom
- $2,990/mo
📊 Investment Metrics
- Cap Rate
- 3.3%
- Cash-on-Cash Return
- -13.6%
- Price-to-Rent Ratio
- 16.6
- 1% Rule
- 0.50%
- Gross Rent Multiplier
- 16.6
- 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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