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607 S 1st St, Avondale, AZ 85323

2 beds • 1 baths • 830 sqft

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This property looks like a bad Long-Term investment with a projected -3.08% first-year return on $48,300 initial cash invested.

-3.08%

Cash On Cash

5.84%

Cap Rate

0.96

DSCR

$1,540

Rent

-$124

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

Financing

Purchase Price

$230k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$48,300

Downpayment

20%

$46,000

Closing costs

1%

$2,300

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,540

Total Expenses

$1,664

Mortgage P&I

76%

$1,167

Property Taxes

1%

$17

Home Insurance

5%

$80

PManagement

10%

$154

CapEx

5%

$77

Vacancy

6%

$92

Maintenance

5%

$77

Other

0%

$0

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Comparable Property

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Beds

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Distance

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2

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2

2

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2

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1.3 mi

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$2,850

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4

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0.6 mi

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2

1

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5

4

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0.6 mi

1255 S Forest Knoll St

$1,100

2

1

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0.9 mi

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$2,850

5

4

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0.6 mi

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