REI Lense

REI Lense

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$1,903 (target)

2831 N 70TH Drive, Phoenix, AZ 85035

3 beds • 2 baths • 1064 sqft

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This property looks like a bad Long-Term investment with a projected -8.57% first-year return on $70,812 initial cash invested.

-8.57%

Cash On Cash

4.52%

Cap Rate

0.76

DSCR

$1,903

Rent

-$506

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$337k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$70,812

Downpayment

20%

$67,440

Closing costs

1%

$3,372

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,903

Total Expenses

$2,409

Mortgage P&I

88%

$1,681

Property Taxes

6%

$116

Home Insurance

6%

$118

HOA

0%

$0

Property Management

10%

$190

CapEx

5%

$95

Vacancy

6%

$114

Maintenance

5%

$95

Other

0%

$0

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