405 E 63rd St APT 5N,New York,NY,10065

Investment Highlights

Investment property for sale in New York at 405 E 63rd St APT 5N, New York, NY, 10065 listed at $365,000 pairs $2,494/mo rent with a $1,786/mo payment to leave $57/mo cash flow. Total monthly income runs $2,494/mo, and annual cash flow reaches $685/yr on $120,998 cash to close. Return on cash invested measures 20.48% in year one, and rental yield registers 8.2% at a $365,000 basis. Equity gained on principal adds $2,355/yr, and annual property appreciation at 5% supports $100,843 by year five. Five-year ROI tracks 106.55% and total cumulative return in cash totals $128,923. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,494/mo property income relative to a $1,786/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).