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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  10% $177
CapEx  5% $88
Vacancy  6% $106
Maintenance  5% $88
Other  0% $0
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