REI Lense

REI Lense

Unlock all features! Tap here to upgrade

img

3009 S Clementine Dr, Tempe, AZ 85282

2 beds • 1.5 baths • 888 sqft

Email

This property looks like a bad Long-Term investment with a projected -10.85% first-year return on $70,350 initial cash invested.

-10.85%

Cash On Cash

4.43%

Cap Rate

0.69

DSCR

$1,810

Rent

-$636

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

Financing

Purchase Price

$335k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$70,350

Downpayment

20%

$67,000

Closing costs

1%

$3,350

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,810

Total Expenses

$2,446

Mortgage P&I

98%

$1,782

Property Taxes

4%

$77

Home Insurance

6%

$117

PManagement

10%

$181

CapEx

5%

$90

Vacancy

6%

$109

Maintenance

5%

$90

Other

0%

$0

Google Maps with comparables properties is loading...

Comparable Property

Rent

Beds

Baths

SQFT

Distance

1235 W Southern Ave Apt C, Tempe, AZ 85282

$1,375

2

1

750

0.4 mi

2609 W Southern Ave, Tempe, AZ 85282

$1,475

2

2

1248

0.9 mi

1254 W Manhatton Dr, Tempe, AZ 85282

$1,900

3

2

933

0.5 mi

3010 S Albert Ave, Tempe, AZ 85282

$1,500

3

1

1018

0 mi

104 W Rancho Del Cerro

$2,500

4

2

2380

1.3 mi

1255 S Forest Knoll St

$1,100

2

1

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis