REI Lense

REI Lense

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$2,006 (target)

16620 S 48TH Street #36, Phoenix, AZ 85048

3 beds • 2 baths • 1195 sqft

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This property looks like a bad Long-Term investment with a projected -13.14% first-year return on $80,367 initial cash invested.

-13.14%

Cash On Cash

3.53%

Cap Rate

0.59

DSCR

$2,006

Rent

-$880

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$383k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$80,367

Downpayment

20%

$76,540

Closing costs

1%

$3,827

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,006

Total Expenses

$2,886

Mortgage P&I

95%

$1,907

Property Taxes

9%

$175

Home Insurance

6%

$128

HOA

8%

$155

Property Management

10%

$201

CapEx

5%

$100

Vacancy

6%

$120

Maintenance

5%

$100

Other

0%

$0

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