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$3,128 (target)

3137 E DIAMOND Avenue, Mesa, AZ 85204

3 beds • 2 baths • 1246 sqft

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This property looks like a bad Mid-Term investment with a projected -3.48% first-year return on $109k initial cash invested.

-3.48%

Cash On Cash

5.38%

Cap Rate

0.91

DSCR

$3,128

Rent

-$317

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,128 income − $3,445 expenses = $317 out of pocket

Income$3,128Out of Pocket$317Mortgage P&I$2,14369%Property Taxes$873%Insurance$1525%Management$37512%CapEx$1254%Vacancy$943%Maintenance$1254%Other$34411%

Investment Breakdown

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Purchase Price

$436k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$109k

Downpayment

20%

$87,100

Closing costs

1%

$4,355

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,128

Total Expenses

$3,445

Mortgage P&I

69%

$2,143

Property Taxes

3%

$87

Home Insurance

5%

$152

HOA

0%

$0

Property Management

12%

$375

CapEx

4%

$125

Vacancy

3%

$94

Maintenance

4%

$125

Other

11%

$344

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