REI Lense

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$2,414 (target)

2743 E CATHEDRAL ROCK Drive, Phoenix, AZ 85048

3 beds • 2 baths • 1568 sqft

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This property looks like a bad Long-Term investment with a projected -11.15% first-year return on $96,999 initial cash invested.

-11.15%

Cash On Cash

3.96%

Cap Rate

0.66

DSCR

$2,414

Rent

-$901

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,414 income − $3,315 expenses = $901 out of pocket

Income$2,414Out of Pocket$901Mortgage P&I$2,30595%Property Taxes$1828%Insurance$1637%HOA$372%Management$24110%CapEx$1215%Vacancy$1456%Maintenance$1215%

Investment Breakdown

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Purchase Price

$462k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$96,999

Downpayment

20%

$92,380

Closing costs

1%

$4,619

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,414

Total Expenses

$3,315

Mortgage P&I

95%

$2,305

Property Taxes

8%

$182

Home Insurance

7%

$163

HOA

2%

$37

Property Management

10%

$241

CapEx

5%

$121

Vacancy

6%

$145

Maintenance

5%

$121

Other

0%

$0

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