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29212 N 22ND Lane, Phoenix, AZ 85085

3 beds • 2 baths • 1504 sqft

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This property looks like a bad Airbnb investment with a projected -14.3% first-year return on $111k initial cash invested.

-14.3%

Cash On Cash

2.59%

Cap Rate

0.44

DSCR

$2,406

Rent

-$1,327

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,406 income − $3,733 expenses = $1,327 out of pocket

Income$2,406Out of Pocket$1,327Mortgage P&I$2,18991%Property Taxes$1597%Insurance$1617%HOA$693%Management$36115%CapEx$964%Maintenance$964%Other$60225%

Investment Breakdown

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Purchase Price

$445k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$111k

Downpayment

20%

$88,900

Closing costs

1%

$4,445

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,406

Total Expenses

$3,733

Mortgage P&I

91%

$2,189

Property Taxes

7%

$159

Home Insurance

7%

$161

HOA

3%

$69

Property Management

15%

$361

CapEx

4%

$96

Vacancy

0%

$0

Maintenance

4%

$96

Other

25%

$602

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