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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 Long-Term investment with a projected -14.79% first-year return on $86,352 initial cash invested.
-14.79%
Cash On Cash
3.13%
Cap Rate
0.52
DSCR
$1,859
Rent
-$1,064
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$1,859 income − $2,923 expenses = $1,064 out of pocket
Investment Breakdown
|
Purchase Price
$411k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$86,352
Downpayment
20%
$82,240
Closing costs
1%
$4,112
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,859
Total Expenses
$2,923
Mortgage P&I
110%
$2,043
Property Taxes
9%
$158
Home Insurance
8%
$144
HOA
5%
$94
Property Management
10%
$186
CapEx
5%
$93
Vacancy
6%
$112
Maintenance
5%
$93
Other
0%
$0