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2303 E ELECTRA Lane, Phoenix, AZ 85024

4 beds • 3 baths • 1934 sqft

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This property looks like a bad Airbnb investment with a projected -14.85% first-year return on $160k initial cash invested.

-14.85%

Cash On Cash

2.41%

Cap Rate

0.41

DSCR

$3,190

Rent

-$1,984

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$649k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$160k

Downpayment

20%

$130k

Closing costs

1%

$6,490

Rehab

0%

$0

Furnishing

4%

$24,000

Cashflow

Total Income

$3,190

Total Expenses

$5,174

Mortgage P&I

99%

$3,161

Property Taxes

7%

$219

Home Insurance

7%

$227

HOA

1%

$35

Property Management

15%

$478

CapEx

4%

$128

Vacancy

0%

$0

Maintenance

4%

$128

Other

25%

$798

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