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5502 E Billings St, Mesa, AZ 85205

2 beds • 2 baths • 945 sqft

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This property looks like a bad Long-Term investment with a projected -9.91% first-year return on $60,690 initial cash invested.

-9.91%

Cash On Cash

4.49%

Cap Rate

0.72

DSCR

$1,580

Rent

-$501

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

Financing

Purchase Price

$289k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$60,690

Downpayment

20%

$57,800

Closing costs

1%

$2,890

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,580

Total Expenses

$2,081

Mortgage P&I

95%

$1,503

Property Taxes

4%

$66

Home Insurance

6%

$101

PManagement

10%

$158

CapEx

5%

$79

Vacancy

6%

$95

Maintenance

5%

$79

Other

0%

$0

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