REI Lense

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$2,634 (target)

3684 N Horse Mesa Rd, Golden Valley, AZ 86413

3 beds • 2 baths • 2153 sqft

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This property looks like a bad Mid-Term investment with a projected -6.27% first-year return on $102k initial cash invested.

-6.27%

Cash On Cash

4.77%

Cap Rate

0.79

DSCR

$2,634

Rent

-$532

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,634 income − $3,166 expenses = $532 out of pocket

Income$2,634Out of Pocket$532Mortgage P&I$2,01276%Property Taxes$1154%Insurance$1445%Management$31612%CapEx$1054%Vacancy$793%Maintenance$1054%Other$29011%

Investment Breakdown

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Purchase Price

$399k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$102k

Downpayment

20%

$79,820

Closing costs

1%

$3,991

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,634

Total Expenses

$3,166

Mortgage P&I

76%

$2,012

Property Taxes

4%

$115

Home Insurance

5%

$144

HOA

0%

$0

Property Management

12%

$316

CapEx

4%

$105

Vacancy

3%

$79

Maintenance

4%

$105

Other

11%

$290

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