REI Lense

REI Lense

Unlock all features! Tap here to upgrade

img

2303 E ELECTRA Lane, Phoenix, AZ 85024

4 beds • 3 baths • 1934 sqft

Email

This property looks like a bad Long-Term investment with a projected -11.55% first-year return on $136k initial cash invested.

-11.55%

Cash On Cash

3.71%

Cap Rate

0.63

DSCR

$3,150

Rent

-$1,312

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$649k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$136k

Downpayment

20%

$130k

Closing costs

1%

$6,490

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,150

Total Expenses

$4,462

Mortgage P&I

100%

$3,161

Property Taxes

7%

$219

Home Insurance

7%

$227

HOA

1%

$35

Property Management

10%

$315

CapEx

5%

$158

Vacancy

6%

$189

Maintenance

5%

$158

Other

0%

$0

Loading map...

Comparable Property

Rent

Beds

Baths

SQFT

Distance

2037 E Charlotte Dr, Phoenix, AZ 85024

$3,100

4

3

2030

0.6 mi

2055 E Northwood Dr, Phoenix, AZ 85024

$3,095

4

2.5

1915

0.7 mi

24220 N 21st Pl, Phoenix, AZ 85024

$3,499

4

3

2291

0.5 mi

2239 E Paraiso Dr, Phoenix, AZ 85024

$2,640

4

2.5

2144

0.4 mi

104 W Rancho Del Cerro

$2,500

4

2

2380

1.3 mi

1255 S Forest Knoll St

$1,100

2

1

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis