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2402 W ANDERSON Avenue, Phoenix, AZ 85023

3 beds • 2 baths • 1997 sqft

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This property looks like a bad Airbnb investment with a projected -11.27% first-year return on $116k initial cash invested.

-11.27%

Cash On Cash

3.37%

Cap Rate

0.57

DSCR

$2,816

Rent

-$1,086

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$465k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$116k

Downpayment

20%

$93,000

Closing costs

1%

$4,650

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,816

Total Expenses

$3,902

Mortgage P&I

81%

$2,278

Property Taxes

4%

$109

Home Insurance

6%

$163

HOA

0%

$0

Property Management

15%

$422

CapEx

4%

$113

Vacancy

0%

$0

Maintenance

4%

$113

Other

25%

$704

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