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15051 W KINGS Drive, Surprise, AZ 85374

2 beds • 2 baths • 923 sqft

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This property looks like a bad Airbnb investment with a projected -13.26% first-year return on $88,492 initial cash invested.

-13.26%

Cash On Cash

3.03%

Cap Rate

0.51

DSCR

$2,087

Rent

-$978

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$364k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$88,492

Downpayment

20%

$72,850

Closing costs

1%

$3,642

Rehab

0%

$0

Furnishing

3%

$12,000

Cashflow

Total Income

$2,087

Total Expenses

$3,065

Mortgage P&I

87%

$1,816

Property Taxes

3%

$72

Home Insurance

6%

$128

HOA

2%

$48

Property Management

15%

$313

CapEx

4%

$83

Vacancy

0%

$0

Maintenance

4%

$83

Other

25%

$522

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