REI Lense

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$2,889 (target)

1285 S 237TH Lane, Buckeye, AZ 85326

3 beds • 2 baths • 2013 sqft

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This property looks like a bad Mid-Term investment with a projected -8.98% first-year return on $115k initial cash invested.

-8.98%

Cash On Cash

4.03%

Cap Rate

0.68

DSCR

$2,889

Rent

-$859

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,889 income − $3,748 expenses = $859 out of pocket

Income$2,889Out of Pocket$859Mortgage P&I$2,29079%Property Taxes$2338%Insurance$1636%HOA$783%Management$34712%CapEx$1164%Vacancy$873%Maintenance$1164%Other$31811%

Investment Breakdown

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Purchase Price

$461k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$115k

Downpayment

20%

$92,160

Closing costs

1%

$4,608

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,889

Total Expenses

$3,748

Mortgage P&I

79%

$2,290

Property Taxes

8%

$233

Home Insurance

6%

$163

HOA

3%

$78

Property Management

12%

$347

CapEx

4%

$116

Vacancy

3%

$87

Maintenance

4%

$116

Other

11%

$318

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