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1000 E Garfield St, Phoenix, AZ 85006

2 beds • 1 baths • 736 sqft

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This property looks like a bad Long-Term investment with a projected -13.94% first-year return on $63,000 initial cash invested.

-13.94%

Cash On Cash

3.75%

Cap Rate

$1,450

Rent

-$732

Cashflow

-8.72

Cach on Cash

4.92%

Cap Rate

$3.477

Rent

-%822

Cashflow

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Investment Breakdown

Financing

Purchase Price

$300k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$63,000

Downpayment

20%

$60,000

Closing costs

1%

$3,000

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,450

Total Expenses

$2,182

Mortgage P&I

110%

$1,597

Property Taxes

7%

$104

Home Insurance

7%

$105

PManagement

10%

$145

CapEx

5%

$72

Vacancy

6%

$87

Maintenance

5%

$72

Other

0%

$0

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