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6022 E Colby St, Mesa, AZ 85205

3 beds • 2 baths • 1554 sqft

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This property looks like a bad Long-Term investment with a projected -5.87% first-year return on $71,379 initial cash invested.

-5.87%

Cash On Cash

5.43%

Cap Rate

0.87

DSCR

$2,240

Rent

-$349

Cashflow

$28,560

Annaul

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

Financing

Purchase Price

$340k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$71,379

Downpayment

20%

$67,980

Closing costs

1%

$3,399

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,240

Total Expenses

$2,589

Mortgage P&I

79%

$1,776

Property Taxes

5%

$112

Home Insurance

5%

$119

PManagement

10%

$224

CapEx

5%

$112

Vacancy

6%

$134

Maintenance

5%

$112

Other

0%

$0

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Beds

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Distance

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3

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2

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4

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2

1

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$2,850

5

4

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0.6 mi

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$1,100

2

1

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0.9 mi

2022 S American St

$2,850

5

4

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0.6 mi

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