REI Lense

REI Lense

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$3,178 (target)

1114 S TIAGO Drive, Gilbert, AZ 85233

3 beds • 2 baths • 1543 sqft

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This property looks like a bad Mid-Term investment with a projected -4.5% first-year return on $111k initial cash invested.

-4.5%

Cash On Cash

5.09%

Cap Rate

0.87

DSCR

$3,178

Rent

-$418

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$445k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$111k

Downpayment

20%

$89,000

Closing costs

1%

$4,450

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,178

Total Expenses

$3,596

Mortgage P&I

69%

$2,180

Property Taxes

4%

$113

Home Insurance

5%

$156

HOA

2%

$67

Property Management

12%

$381

CapEx

4%

$127

Vacancy

3%

$95

Maintenance

4%

$127

Other

11%

$350

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