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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 Airbnb investment with a projected -22.13% first-year return on $249k initial cash invested.

-22.13%

Cash On Cash

1.25%

Cap Rate

0.2

DSCR

$3,447

Rent

-$4,593

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

$249k

Downpayment

20%

$220k

Closing costs

1%

$11,000

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$3,447

Total Expenses

$8,040

Mortgage P&I

162%

$5,598

Property Taxes

5%

$158

Home Insurance

11%

$385

HOA

7%

$244

Property Management

15%

$517

CapEx

4%

$138

Vacancy

0%

$0

Maintenance

4%

$138

Other

25%

$862

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Comparable Property

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ADR

Beds

Baths

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2

0.24 mi

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4

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2

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5

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2

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5

4

0.6 mi

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$1,100

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2

1

0.9 mi

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$2,850

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5

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