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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 -17.03% first-year return on $111k initial cash invested.

-17.03%

Cash On Cash

1.85%

Cap Rate

0.31

DSCR

$1,920

Rent

-$1,580

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,920 income − $3,500 expenses = $1,580 out of pocket

Income$1,920Out of Pocket$1,580Mortgage P&I$2,189114%Property Taxes$1598%Insurance$1618%HOA$694%Management$28815%CapEx$774%Maintenance$774%Other$48025%

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

$1,920

Total Expenses

$3,500

Mortgage P&I

114%

$2,189

Property Taxes

8%

$159

Home Insurance

8%

$161

HOA

4%

$69

Property Management

15%

$288

CapEx

4%

$77

Vacancy

0%

$0

Maintenance

4%

$77

Other

25%

$480

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