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1444 S Longspur Ln, Gilbert, AZ 85296

3 beds • 3 baths • 1533 sqft

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This property looks like a bad Long-Term investment with a projected -10.4% first-year return on $89,229 initial cash invested.

-10.4%

Cash On Cash

4.01%

Cap Rate

0.68

DSCR

$2,250

Rent

-$773

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$425k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$89,229

Downpayment

20%

$84,980

Closing costs

1%

$4,249

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,250

Total Expenses

$3,023

Mortgage P&I

92%

$2,081

Property Taxes

5%

$122

Home Insurance

7%

$149

HOA

4%

$87

PManagement

10%

$225

CapEx

5%

$112

Vacancy

6%

$135

Maintenance

5%

$112

Other

0%

$0

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Comparable Property

Rent

Beds

Baths

SQFT

Distance

1447 S Pheasant Dr, Gilbert, AZ 85296

$3,270

3

2.5

1533

0 mi

4218 E Betsy Ln, Gilbert, AZ 85296

$2,150

3

2.5

1533

0.1 mi

4222 E Windsor Dr, Gilbert, AZ 85296

$1,900

3

2.5

1533

0.1 mi

4223 E Sheffield Ave, Gilbert, AZ 85296

$2,280

3

2.5

1533

0.1 mi

104 W Rancho Del Cerro

$2,500

4

2

2380

1.3 mi

1255 S Forest Knoll St

$1,100

2

1

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

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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