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5627 E Covina Rd, Mesa, AZ 85205

2 beds • 2 baths • 1297 sqft

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This property looks like a bad Long-Term investment with a projected -4.92% first-year return on $57,750 initial cash invested.

-4.92%

Cash On Cash

5.55%

Cap Rate

$1,840

Rent

-$237

Cashflow

$28,560

Annaul

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

Financing

Purchase Price

$275k

Downpayment

20.0%

Interest Rate

6.7%

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

$1,840

Total Expenses

$2,077

Mortgage P&I

77%

$1,418

Property Taxes

4%

$67

Home Insurance

5%

$96

HOA

1%

$18

PManagement

10%

$184

CapEx

5%

$92

Vacancy

6%

$110

Maintenance

5%

$92

Other

0%

$0

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