REI Lense

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4630 N 68TH Street #265, Scottsdale, AZ 85251

2 beds • 2 baths • 986 sqft

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This property looks like a bad Airbnb investment with a projected -1.43% first-year return on $61,350 initial cash invested.

-1.43%

Cash On Cash

6.28%

Cap Rate

1.05

DSCR

$3,221

Rent

-$73

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$235k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$61,350

Downpayment

20%

$47,000

Closing costs

1%

$2,350

Rehab

0%

$0

Furnishing

5%

$12,000

Cashflow

Total Income

$3,221

Total Expenses

$3,294

Mortgage P&I

36%

$1,173

Property Taxes

1%

$42

Home Insurance

3%

$82

HOA

14%

$451

Property Management

15%

$483

CapEx

4%

$129

Vacancy

0%

$0

Maintenance

4%

$129

Other

25%

$805

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