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1125 E Artesian Way, Gilbert, AZ 85234

4 beds • 3 baths • 1902 sqft

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This property looks like a bad Long-Term investment with a projected -14.66% first-year return on $141k initial cash invested.

-14.66%

Cash On Cash

2.97%

Cap Rate

0.51

DSCR

$2,710

Rent

-$1,719

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$670k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$141k

Downpayment

20%

$134k

Closing costs

1%

$6,700

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,710

Total Expenses

$4,429

Mortgage P&I

120%

$3,242

Property Taxes

7%

$196

Home Insurance

9%

$234

HOA

2%

$51

Property Management

10%

$271

CapEx

5%

$136

Vacancy

6%

$163

Maintenance

5%

$136

Other

0%

$0

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Comparable Property

Rent

Beds

Baths

SQFT

Distance

1149 E Artesian Way, Gilbert, AZ 85234

$3,195

4

3

1902

0 mi

1704 E Park Ave, Gilbert, AZ 85234

$2,350

4

3

1980

0.7 mi

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$2,600

4

2.5

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0.5 mi

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$2,495

4

3

2193

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4

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1.3 mi

1255 S Forest Knoll St

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2

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0.9 mi

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$2,850

5

4

3030

0.6 mi

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$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

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