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2637 S OLYMPIC Drive, Gilbert, AZ 85295

3 beds • 3 baths • 1862 sqft

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This property looks like a bad Airbnb investment with a projected -20.63% first-year return on $150k initial cash invested.

-20.63%

Cash On Cash

1.38%

Cap Rate

0.22

DSCR

$2,341

Rent

-$2,585

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,341 income − $4,926 expenses = $2,585 out of pocket

Income$2,341Out of Pocket$2,585Mortgage P&I$3,214137%Property Taxes$1677%Insurance$22610%HOA$1958%Management$35115%CapEx$944%Maintenance$944%Other$58525%

Investment Breakdown

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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

$2,341

Total Expenses

$4,926

Mortgage P&I

137%

$3,214

Property Taxes

7%

$167

Home Insurance

10%

$226

HOA

8%

$195

Property Management

15%

$351

CapEx

4%

$94

Vacancy

0%

$0

Maintenance

4%

$94

Other

25%

$585

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