REI Lense

REI Lense

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$2,058 (target)

16778 W Spur Dr, Surprise, AZ 85387

3 beds • 2 baths • 1592 sqft

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This property looks like a bad Long-Term investment with a projected -12.63% first-year return on $91,203 initial cash invested.

-12.63%

Cash On Cash

3.82%

Cap Rate

0.62

DSCR

$2,058

Rent

-$960

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,058 income − $3,018 expenses = $960 out of pocket

Income$2,058Out of Pocket$960Mortgage P&I$2,241109%Property Taxes$4Insurance$1527%HOA$864%Management$20610%CapEx$1035%Vacancy$1236%Maintenance$1035%

Investment Breakdown

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Purchase Price

$434k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$91,203

Downpayment

20%

$86,860

Closing costs

1%

$4,343

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,058

Total Expenses

$3,018

Mortgage P&I

109%

$2,241

Property Taxes

0%

$4

Home Insurance

7%

$152

HOA

4%

$86

Property Management

10%

$206

CapEx

5%

$103

Vacancy

6%

$123

Maintenance

5%

$103

Other

0%

$0

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