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2618 S SHANNON Drive, Tempe, AZ 85282

3 beds • 2 baths • 2072 sqft

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This property looks like a bad Long-Term investment with a projected -12.25% first-year return on $121k initial cash invested.

-12.25%

Cash On Cash

3.62%

Cap Rate

0.61

DSCR

$2,740

Rent

-$1,233

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$575k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$121k

Downpayment

20%

$115k

Closing costs

1%

$5,750

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,740

Total Expenses

$3,973

Mortgage P&I

103%

$2,829

Property Taxes

8%

$231

Home Insurance

7%

$201

HOA

0%

$0

Property Management

10%

$274

CapEx

5%

$137

Vacancy

6%

$164

Maintenance

5%

$137

Other

0%

$0

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Comparable Property

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SQFT

Distance

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0.9 mi

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5

4

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0.6 mi

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$1,100

2

1

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0.9 mi

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$2,850

5

4

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