REI LenseREI Lense
  • Airbnb
  • Long-Term
  • Mid-Term
Long-Term Rental Analysis
3048 N 37th Dr, Phoenix, AZ 85019
$289,9003 beds • 2 baths • 1224 sqft

This property looks like a bad Long-Term investment with a projected -7.77% first-year return on $60,879 initial cash invested.

Cash On Cash
-7.77%
Cap Rate
5.12%
Rent
$1,766
Cashflow
-$394
Rent Confidence:  High
Annual
$21,192
Median
$1,850
Avg
$1,767
Samples
25
Financing

Purchase Price  $290k
Downpayment  20.0%
Interest Rate  7.0%
Mortgage Duration  30yr.
Cash To Invest

Total  $60,879
Downpayment  $57,980
Closing costs  $2,899
Rehab  $0
Furnishing  $0
Cashflow

Total Income  $1,766
Total Expenses  $2,160
Mortgage P&I  $1,543
Property Taxes  $56
Home Insurance  $102
PManagement  $177
CapEx  $88
Vacancy  $106
Maintenance  $88
Other  $0
Google Maps with the subject property comparables is loading...
#Comparable PropertyRentBedsBathsSQFTDistance
13712 W Thomas Rd$16453212150.3 mi
24101 W Flower St$17993211700.8 mi
33735 W Verde Ln$18503213240.3 mi
43840 N 43rd Ave, Apt 51$10993212431.6 mi
53634 W Granada Rd$17953212081.6 mi
63840 N 43rd Ave, Apt 58$10953212431.6 mi
74123 W Vernon Ave$17953211671.4 mi
84437 W Avalon Dr$15103213081.4 mi
95034 W Edgemont Ave, Unit 3650$18003212172.5 mi
103042 N 24th Ln$17953212082.6 mi
113058 N 24th Ln$18753212082.6 mi
122688 N 43rd Ave Apt D$14503211201.4 mi
132430 W Earll Dr$19953212082.6 mi
142646 N 43rd Ave Apt D$22953211061.3 mi
153066 N 24th Ln$19503212082.6 mi
163038 N 24th Dr$19953212082.6 mi
172422 W Earll Dr$18853212082.6 mi
183061 N 24th Ln$18503212082.6 mi
192670 N 43rd Ave, Unit 20D$12503211061.4 mi
203030 N 24th Dr$19453212082.6 mi
212955 N 47th Dr$15993213051.9 mi
223046 N 24th Dr$18953212082.7 mi
232672 N 43rd Ave Apt D$20003211061.4 mi
242688 N 43rd Ave, Unit 29D$20003211061.4 mi
252806 N 43rd Ave Apt D$20003211061.5 mi