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542 S Higley Rd UNIT 90, Mesa, AZ 85206

2 beds • 2 baths • 1087 sqft

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This property looks like a bad Long-Term investment with a projected -9.35% first-year return on $64,659 initial cash invested.

-9.35%

Cash On Cash

4.16%

Cap Rate

0.72

DSCR

$1,720

Rent

-$504

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$308k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$64,659

Downpayment

20%

$61,580

Closing costs

1%

$3,079

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,720

Total Expenses

$2,224

Mortgage P&I

86%

$1,486

Property Taxes

5%

$83

Home Insurance

6%

$108

HOA

6%

$100

PManagement

10%

$172

CapEx

5%

$86

Vacancy

6%

$103

Maintenance

5%

$86

Other

0%

$0

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