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524 S Palo Verde Way, Mesa, AZ 85208

2 beds • 2 baths • 1032 sqft

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This property looks like a bad Long-Term investment with a projected -7.75% first-year return on $57,750 initial cash invested.

-7.75%

Cash On Cash

4.82%

Cap Rate

0.81

DSCR

$2,120

Rent

-$373

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

Financing

Purchase Price

$275k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$57,750

Downpayment

20%

$55,000

Closing costs

1%

$2,750

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,120

Total Expenses

$2,493

Mortgage P&I

65%

$1,371

Property Taxes

3%

$66

Home Insurance

5%

$96

HOA

19%

$409

PManagement

10%

$212

CapEx

5%

$106

Vacancy

6%

$127

Maintenance

5%

$106

Other

0%

$0

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