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2662 E VALENCIA Street, Gilbert, AZ 85296

3 beds • 2 baths • 1789 sqft

$1,100,000

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This property looks like a bad Long-Term investment with a projected -24.45% first-year return on $231k initial cash invested.

-24.45%

Cash On Cash

1.1%

Cap Rate

0.18

DSCR

$2,270

Rent

-$4,706

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$1100k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$231k

Downpayment

20%

$220k

Closing costs

1%

$11,000

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,270

Total Expenses

$6,976

Mortgage P&I

247%

$5,598

Property Taxes

7%

$158

Home Insurance

17%

$385

HOA

11%

$244

Property Management

10%

$227

CapEx

5%

$114

Vacancy

6%

$136

Maintenance

5%

$114

Other

0%

$0

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Comparable Property

Rent

Beds

Baths

SQFT

Distance

2607 E Megan St, Gilbert, AZ 85295

$1,911

3

2

1742

0.1 mi

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$2,300

3

2

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0.2 mi

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3

2

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$2,150

3

2

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0.7 mi

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1.3 mi

1255 S Forest Knoll St

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2

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0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

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