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$3,711 (target)

13109 N 24th Ave, Phoenix, AZ 85029

3 beds • 2 baths • 1472 sqft

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This property might be a fair Mid-Term investment with a projected 0.77% first-year return on $106k initial cash invested.

0.77%

Cash On Cash

6.67%

Cap Rate

1.1

DSCR

$3,711

Rent

$68

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,711 income − $3,643 expenses = $68 cash flow

Income$3,711Mortgage P&I$2,10057%Property Taxes$1223%Insurance$1614%Management$44512%CapEx$1484%Vacancy$1113%Maintenance$1484%Other$40811%Cash Flow$68

Investment Breakdown

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Purchase Price

$417k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$106k

Downpayment

20%

$83,360

Closing costs

1%

$4,168

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,711

Total Expenses

$3,643

Mortgage P&I

57%

$2,100

Property Taxes

3%

$122

Home Insurance

4%

$161

HOA

0%

$0

Property Management

12%

$445

CapEx

4%

$148

Vacancy

3%

$111

Maintenance

4%

$148

Other

11%

$408

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