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$3,046 (target)

2251 E ASPEN Avenue, Mesa, AZ 85204

3 beds • 2 baths • 1125 sqft

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This property looks like a bad Mid-Term investment with a projected -2.21% first-year return on $93,600 initial cash invested.

-2.21%

Cash On Cash

6.54%

Cap Rate

0.98

DSCR

$3,046

Rent

-$172

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,046 income − $3,218 expenses = $172 out of pocket

Income$3,046Out of Pocket$172Mortgage P&I$2,01266%Property Taxes$441%Insurance$1264%Management$36612%CapEx$1224%Vacancy$913%Maintenance$1224%Other$33511%

Investment Breakdown

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Purchase Price

$360k

Downpayment

20.0%

Interest Rate

7.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$93,600

Downpayment

20%

$72,000

Closing costs

1%

$3,600

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,046

Total Expenses

$3,218

Mortgage P&I

66%

$2,012

Property Taxes

1%

$44

Home Insurance

4%

$126

HOA

0%

$0

Property Management

12%

$366

CapEx

4%

$122

Vacancy

3%

$91

Maintenance

4%

$122

Other

11%

$335

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