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$3,489 (target)

2924 E COCONINO Drive, Gilbert, AZ 85298

3 beds • 2 baths • 1796 sqft

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This property looks like a bad Mid-Term investment with a projected -6.96% first-year return on $127k initial cash invested.

-6.96%

Cash On Cash

4.58%

Cap Rate

0.77

DSCR

$3,489

Rent

-$736

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,489 income − $4,225 expenses = $736 out of pocket

Income$3,489Out of Pocket$736Mortgage P&I$2,57574%Property Taxes$1735%Insurance$1845%HOA$1053%Management$41912%CapEx$1404%Vacancy$1053%Maintenance$1404%Other$38411%

Investment Breakdown

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Purchase Price

$519k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$127k

Downpayment

20%

$104k

Closing costs

1%

$5,186

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,489

Total Expenses

$4,225

Mortgage P&I

74%

$2,575

Property Taxes

5%

$173

Home Insurance

5%

$184

HOA

3%

$105

Property Management

12%

$419

CapEx

4%

$140

Vacancy

3%

$105

Maintenance

4%

$140

Other

11%

$384

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