REI Lense

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$2,163 (target)

1562 E Poplar Dr, Mohave Valley, AZ 86440

3 beds • 2 baths • 1746 sqft

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This property might be a fair Long-Term investment with a projected 3.5% first-year return on $51,450 initial cash invested.

3.5%

Cash On Cash

7.31%

Cap Rate

1.21

DSCR

$2,163

Rent

$150

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,163 income − $2,013 expenses = $150 cash flow

Income$2,163Mortgage P&I$1,23457%Property Taxes$1216%Insurance$864%HOA$10Management$21610%CapEx$1085%Vacancy$1306%Maintenance$1085%Cash Flow$150

Investment Breakdown

|

Purchase Price

$245k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$51,450

Downpayment

20%

$49,000

Closing costs

1%

$2,450

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,163

Total Expenses

$2,013

Mortgage P&I

57%

$1,234

Property Taxes

6%

$121

Home Insurance

4%

$86

HOA

0%

$10

Property Management

10%

$216

CapEx

5%

$108

Vacancy

6%

$130

Maintenance

5%

$108

Other

0%

$0

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