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1602 N 57th Ave, Phoenix, AZ 85035

4 beds • 2.75 baths • 1798 sqft

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This property looks like a bad Long-Term investment with a projected -6.88% first-year return on $61,950 initial cash invested.

-6.88%

Cash On Cash

5.17%

Cap Rate

0.83

DSCR

$1,950

Rent

-$355

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$295k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$61,950

Downpayment

20%

$59,000

Closing costs

1%

$2,950

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,950

Total Expenses

$2,305

Mortgage P&I

78%

$1,529

Property Taxes

8%

$165

Home Insurance

5%

$103

PManagement

10%

$195

CapEx

5%

$98

Vacancy

6%

$117

Maintenance

5%

$98

Other

0%

$0

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