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2698 Leisure World, Mesa, AZ 85206

3 beds • 2 baths • 1404 sqft

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This property looks like a bad Long-Term investment with a projected -9.14% first-year return on $67,200 initial cash invested.

-9.14%

Cash On Cash

4.49%

Cap Rate

0.75

DSCR

$2,270

Rent

-$512

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

Financing

Purchase Price

$320k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$67,200

Downpayment

20%

$64,000

Closing costs

1%

$3,200

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,270

Total Expenses

$2,782

Mortgage P&I

70%

$1,595

Property Taxes

5%

$124

Home Insurance

5%

$112

HOA

16%

$360

PManagement

10%

$227

CapEx

5%

$114

Vacancy

6%

$136

Maintenance

5%

$114

Other

0%

$0

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Comparable Property

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Beds

Baths

SQFT

Distance

2746 Leisure World, Mesa, AZ 85206

$1,900

3

2

1416

0.4 mi

1015 S Slater Cir, Mesa, AZ 85206

$1,950

3

2

1393

0.9 mi

5646 E Florian Ave, Mesa, AZ 85206

$2,180

3

2

1393

1 mi

5657 E Flossmoor Ave, Mesa, AZ 85206

$2,270

3

2

1393

1 mi

104 W Rancho Del Cerro

$2,500

4

2

2380

1.3 mi

1255 S Forest Knoll St

$1,100

2

1

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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