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2340 W Goldmine Mountain Dr, Queen Creek, AZ 85142
3 beds • 2 baths • 1650 sqft
$411,200
View on ZillowThis property looks like a bad Mid-Term investment with a projected -6.91% first-year return on $104k initial cash invested.
-6.91%
Cash On Cash
4.54%
Cap Rate
0.76
DSCR
$2,788
Rent
-$601
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,788 income − $3,389 expenses = $601 out of pocket
Investment Breakdown
|
Purchase Price
$411k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$104k
Downpayment
20%
$82,240
Closing costs
1%
$4,112
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$2,788
Total Expenses
$3,389
Mortgage P&I
73%
$2,043
Property Taxes
6%
$158
Home Insurance
5%
$144
HOA
3%
$94
Property Management
12%
$335
CapEx
4%
$112
Vacancy
3%
$84
Maintenance
4%
$112
Other
11%
$307