REI Lense

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$3,937 (target)

5649 Meridian Ct, Prescott, AZ 86305

3 beds • 3 baths • 2189 sqft

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This property looks like a bad Long-Term investment with a projected -13.59% first-year return on $204k initial cash invested.

-13.59%

Cash On Cash

3.29%

Cap Rate

0.56

DSCR

$3,937

Rent

-$2,306

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,937 income − $6,243 expenses = $2,306 out of pocket

Income$3,937Out of Pocket$2,306Mortgage P&I$4,772121%Property Taxes$321%Insurance$3409%HOA$752%Management$39410%CapEx$1975%Vacancy$2366%Maintenance$1975%

Investment Breakdown

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Purchase Price

$970k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$204k

Downpayment

20%

$194k

Closing costs

1%

$9,699

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,937

Total Expenses

$6,243

Mortgage P&I

121%

$4,772

Property Taxes

1%

$32

Home Insurance

9%

$340

HOA

2%

$75

Property Management

10%

$394

CapEx

5%

$197

Vacancy

6%

$236

Maintenance

5%

$197

Other

0%

$0

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