REI Lense

REI Lense

Unlock all features! Tap here to upgrade

2637 S OLYMPIC Drive, Gilbert, AZ 85295

3 beds • 3 baths • 1862 sqft

Email

This property looks like a bad Airbnb investment with a projected -20.43% first-year return on $150k initial cash invested.

-20.43%

Cash On Cash

1.43%

Cap Rate

0.23

DSCR

$2,390

Rent

-$2,560

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,390 income − $4,950 expenses = $2,560 out of pocket

Income$2,390Out of Pocket$2,560Mortgage P&I$3,214134%Property Taxes$1677%Insurance$2269%HOA$1958%Management$35815%CapEx$964%Maintenance$964%Other$59825%

Investment Breakdown

|

Purchase Price

$630k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$150k

Downpayment

20%

$126k

Closing costs

1%

$6,303

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$2,390

Total Expenses

$4,950

Mortgage P&I

134%

$3,214

Property Taxes

7%

$167

Home Insurance

9%

$226

HOA

8%

$195

Property Management

15%

$358

CapEx

4%

$96

Vacancy

0%

$0

Maintenance

4%

$96

Other

25%

$598

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis