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3302 E AIRE LIBRE Avenue #102, Phoenix, AZ 85032

2 beds • 2 baths • 1254 sqft

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This property looks like a bad Airbnb investment with a projected -15.19% first-year return on $78,150 initial cash invested.

-15.19%

Cash On Cash

2.44%

Cap Rate

0.41

DSCR

$1,865

Rent

-$989

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$315k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$78,150

Downpayment

20%

$63,000

Closing costs

1%

$3,150

Rehab

0%

$0

Furnishing

4%

$12,000

Cashflow

Total Income

$1,865

Total Expenses

$2,854

Mortgage P&I

83%

$1,555

Property Taxes

3%

$57

Home Insurance

6%

$110

HOA

13%

$236

Property Management

15%

$280

CapEx

4%

$75

Vacancy

0%

$0

Maintenance

4%

$75

Other

25%

$466

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