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18124 W Ivy Ln, Surprise, AZ 85388

3 beds • 2 baths • 1350 sqft

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This property might be a fair Airbnb investment with a projected 1.57% first-year return on $97,779 initial cash invested.

1.57%

Cash On Cash

6.64%

Cap Rate

1.17

DSCR

$4,367

Rent

$128

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$380k

Downpayment

20.0%

Interest Rate

5.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$97,779

Downpayment

20%

$75,980

Closing costs

1%

$3,799

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,367

Total Expenses

$4,239

Mortgage P&I

41%

$1,799

Property Taxes

3%

$115

Home Insurance

3%

$133

HOA

2%

$95

Property Management

15%

$655

CapEx

4%

$175

Vacancy

0%

$0

Maintenance

4%

$175

Other

25%

$1,092

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Comparable Property

Rent

ADR

Beds

Baths

Distance

5 Mi to Surprise Stadium: Chic Home w/ Pool

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3

2

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3

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0.37 mi

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3

2

0.45 mi

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$5,110

$280

3

2.5

0.17 mi

104 W Rancho Del Cerro

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4

2

1.3 mi

1255 S Forest Knoll St

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2

1

0.9 mi

2022 S American St

$2,850

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5

4

0.6 mi

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$1,100

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2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

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