REI Lense

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$2,602 (target)

3357 Reidhead St, Heber, AZ 85928

3 beds • 2 baths • 2748 sqft

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This property looks like a bad Long-Term investment with a projected -14.58% first-year return on $121k initial cash invested.

-14.58%

Cash On Cash

3.6%

Cap Rate

0.56

DSCR

$2,602

Rent

-$1,467

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,602 income − $4,069 expenses = $1,467 out of pocket

Income$2,602Out of Pocket$1,467Mortgage P&I$3,063118%Property Taxes$1295%Insurance$2018%Management$26010%CapEx$1305%Vacancy$1566%Maintenance$1305%

Investment Breakdown

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Purchase Price

$575k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$121k

Downpayment

20%

$115k

Closing costs

1%

$5,750

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,602

Total Expenses

$4,069

Mortgage P&I

118%

$3,063

Property Taxes

5%

$129

Home Insurance

8%

$201

HOA

0%

$0

Property Management

10%

$260

CapEx

5%

$130

Vacancy

6%

$156

Maintenance

5%

$130

Other

0%

$0

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