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1630 E Solano Drive, Phoenix, AZ 85016

4 beds • 4 baths • 2640 sqft

$1,075,000

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This property looks like a bad Airbnb investment with a projected -2.7% first-year return on $250k initial cash invested.

-2.7%

Cash On Cash

5.81%

Cap Rate

0.97

DSCR

$10,132

Rent

-$561

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$1075k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$250k

Downpayment

20%

$215k

Closing costs

1%

$10,750

Rehab

0%

$0

Furnishing

2%

$24,000

Cashflow

Total Income

$10,132

Total Expenses

$10,693

Mortgage P&I

53%

$5,365

Property Taxes

1%

$89

Home Insurance

4%

$376

HOA

0%

$0

Property Management

15%

$1,520

CapEx

4%

$405

Vacancy

0%

$0

Maintenance

4%

$405

Other

25%

$2,533

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