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2815 W Banff Ln, Phoenix, AZ 85053

3 beds • 2 baths • 1174 sqft

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This property looks like a bad Long-Term investment with a projected -4.5% first-year return on $63,000 initial cash invested.

-4.5%

Cash On Cash

5.48%

Cap Rate

0.91

DSCR

$1,970

Rent

-$236

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

Financing

Purchase Price

$300k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$63,000

Downpayment

20%

$60,000

Closing costs

1%

$3,000

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,970

Total Expenses

$2,206

Mortgage P&I

77%

$1,507

Property Taxes

4%

$83

Home Insurance

5%

$105

PManagement

10%

$197

CapEx

5%

$98

Vacancy

6%

$118

Maintenance

5%

$98

Other

0%

$0

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