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13613 E Shannon St, Gilbert, AZ 85295

3 beds • 3 baths • 2640 sqft

$1,499,000

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This property looks like a bad Long-Term investment with a projected -23.84% first-year return on $315k initial cash invested.

-23.84%

Cash On Cash

1.1%

Cap Rate

0.18

DSCR

$2,710

Rent

-$6,254

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$1499k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$315k

Downpayment

20%

$300k

Closing costs

1%

$14,990

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,710

Total Expenses

$8,964

Mortgage P&I

276%

$7,490

Property Taxes

9%

$243

Home Insurance

19%

$525

HOA

0%

$0

Property Management

10%

$271

CapEx

5%

$136

Vacancy

6%

$163

Maintenance

5%

$136

Other

0%

$0

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Comparable Property

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Beds

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SQFT

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3

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1.1 mi

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2

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1.3 mi

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2

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5

4

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0.6 mi

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2

1

2020

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$2,850

5

4

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0.6 mi

1255 S Forest Knoll St

$1,100

2

1

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0.9 mi

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$2,850

5

4

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