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14805 W Caribbean Ln, Surprise, AZ 85379

2 beds • 2 baths • 1190 sqft

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This property looks like a bad Long-Term investment with a projected -11.77% first-year return on $76,650 initial cash invested.

-11.77%

Cash On Cash

3.71%

Cap Rate

0.63

DSCR

$1,800

Rent

-$752

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$365k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$76,650

Downpayment

20%

$73,000

Closing costs

1%

$3,650

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,800

Total Expenses

$2,552

Mortgage P&I

100%

$1,791

Property Taxes

5%

$90

Home Insurance

7%

$128

HOA

4%

$75

PManagement

10%

$180

CapEx

5%

$90

Vacancy

6%

$108

Maintenance

5%

$90

Other

0%

$0

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Comparable Property

Rent

Beds

Baths

SQFT

Distance

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1062

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3

2

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0 mi

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3

2

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0.3 mi

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4

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1

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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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0.6 mi

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