REI Lense

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$7,150 (target)

10418 E SALTILLO Drive, Scottsdale, AZ 85255

3 beds • 2 baths • 1504 sqft

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This property might be a fair Mid-Term investment with a projected 3.66% first-year return on $169k initial cash invested.

3.66%

Cash On Cash

7.53%

Cap Rate

1.22

DSCR

$7,150

Rent

$514

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$7,150 income − $6,636 expenses = $514 cash flow

Income$7,150Mortgage P&I$3,69952%Property Taxes$1953%Insurance$2584%HOA$541%Management$85812%CapEx$2864%Vacancy$2143%Maintenance$2864%Other$78611%Cash Flow$514

Investment Breakdown

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Purchase Price

$717k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$169k

Downpayment

20%

$143k

Closing costs

1%

$7,168

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$7,150

Total Expenses

$6,636

Mortgage P&I

52%

$3,699

Property Taxes

3%

$195

Home Insurance

4%

$258

HOA

1%

$54

Property Management

12%

$858

CapEx

4%

$286

Vacancy

3%

$214

Maintenance

4%

$286

Other

11%

$786

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