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2498 E BOSTON Street, Gilbert, AZ 85295

3 beds • 2 baths • 1351 sqft

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This property looks like a bad Airbnb investment with a projected -9.93% first-year return on $110k initial cash invested.

-9.93%

Cash On Cash

3.79%

Cap Rate

0.64

DSCR

$3,330

Rent

-$912

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$439k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$110k

Downpayment

20%

$87,800

Closing costs

1%

$4,390

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,330

Total Expenses

$4,242

Mortgage P&I

65%

$2,165

Property Taxes

4%

$141

Home Insurance

5%

$154

HOA

6%

$184

Property Management

15%

$500

CapEx

4%

$133

Vacancy

0%

$0

Maintenance

4%

$133

Other

25%

$832

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ADR

Beds

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5

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2

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0.9 mi

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5

4

0.6 mi

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$1,100

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2

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$2,850

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