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1635 W PLANA Avenue, Mesa, AZ 85202

2 beds • 2 baths • 856 sqft

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This property looks like a bad Airbnb investment with a projected -10.67% first-year return on $88,650 initial cash invested.

-10.67%

Cash On Cash

3.76%

Cap Rate

0.62

DSCR

$2,405

Rent

-$788

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

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$88,650

Downpayment

20%

$73,000

Closing costs

1%

$3,650

Rehab

0%

$0

Furnishing

3%

$12,000

Cashflow

Total Income

$2,405

Total Expenses

$3,193

Mortgage P&I

76%

$1,836

Property Taxes

3%

$75

Home Insurance

5%

$128

HOA

0%

$0

Property Management

15%

$361

CapEx

4%

$96

Vacancy

0%

$0

Maintenance

4%

$96

Other

25%

$601

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