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514 W MORSE Drive, Phoenix, AZ 85086

3 beds • 3 baths • 2324 sqft

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This property looks like a bad Mid-Term investment with a projected -5.98% first-year return on $178k initial cash invested.

-5.98%

Cash On Cash

4.99%

Cap Rate

0.83

DSCR

$5,415

Rent

-$887

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$762k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$178k

Downpayment

20%

$152k

Closing costs

1%

$7,618

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$5,415

Total Expenses

$6,302

Mortgage P&I

71%

$3,835

Property Taxes

6%

$350

Home Insurance

5%

$275

HOA

0%

$0

Property Management

12%

$650

CapEx

4%

$217

Vacancy

3%

$162

Maintenance

4%

$217

Other

11%

$596

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