REI Lense

REI Lense

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$4,186 (target)

11421 N 50TH Lane, Glendale, AZ 85304

3 beds • 3 baths • 1843 sqft

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This property looks like a bad Mid-Term investment with a projected -4.77% first-year return on $135k initial cash invested.

-4.77%

Cash On Cash

5.22%

Cap Rate

0.87

DSCR

$4,186

Rent

-$537

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,186 income − $4,723 expenses = $537 out of pocket

Income$4,186Out of Pocket$537Mortgage P&I$2,79367%Property Taxes$2255%Insurance$1985%HOA$852%Management$50212%CapEx$1674%Vacancy$1263%Maintenance$1674%Other$46011%

Investment Breakdown

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Purchase Price

$557k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$135k

Downpayment

20%

$111k

Closing costs

1%

$5,573

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,186

Total Expenses

$4,723

Mortgage P&I

67%

$2,793

Property Taxes

5%

$225

Home Insurance

5%

$198

HOA

2%

$85

Property Management

12%

$502

CapEx

4%

$167

Vacancy

3%

$126

Maintenance

4%

$167

Other

11%

$460

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