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 -6.52% first-year return on $60,879 initial cash invested.

Cash On Cash
-6.52%
Cap Rate
5.4%
Rent
$1,850
Signal: High
Cashflow
-$331
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  $1,850
Total Expenses  $2,181
Mortgage P&I  $1,543
Property Taxes  $56
Home Insurance  $102
PManagement  $185
CapEx  $92
Vacancy  $111
Maintenance  $92
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 53$12953212431.6 mi
53840 N 43rd Ave, Apt 51$10993212431.6 mi
63634 W Granada Rd$19153212081.6 mi
73840 N 43rd Ave, Apt 58$10953212431.6 mi
82909 N 42nd Ave$18783213200.7 mi
94123 W Vernon Ave$17953211671.4 mi
101848 N 38th Dr$15453211841.6 mi
114437 W Avalon Dr$15103213081.4 mi
125028 W Roanoke Ave$16953212262.5 mi
133042 N 24th Ln$18853212082.6 mi
143058 N 24th Ln$18853212082.6 mi
152688 N 43rd Ave Apt D$14503211201.4 mi
162646 N 43rd Ave Apt D$22953211061.3 mi
173614 W Portland St$17453212162.7 mi
183066 N 24th Ln$19503212082.6 mi
192422 W Earll Dr$18853212082.6 mi
203061 N 24th Ln$18503212082.6 mi
213030 N 24th Dr$19453212082.6 mi
223046 N 24th Dr$18953212082.7 mi
233057 N 24th Dr$18953212082.7 mi
242672 N 43rd Ave Apt D$20003211061.4 mi
252688 N 43rd Ave, Unit 29D$20003211061.4 mi