REI Lense

REI Lense

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$2,802 (target)

6317 W Watkins Street, Phoenix, AZ 85043

3 beds • 2 baths • 1313 sqft

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This property looks like a bad Mid-Term investment with a projected -1.69% first-year return on $90,198 initial cash invested.

-1.69%

Cash On Cash

5.91%

Cap Rate

0.99

DSCR

$2,802

Rent

-$127

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$344k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$90,198

Downpayment

20%

$68,760

Closing costs

1%

$3,438

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,802

Total Expenses

$2,929

Mortgage P&I

61%

$1,708

Property Taxes

4%

$111

Home Insurance

4%

$121

HOA

1%

$37

Property Management

12%

$336

CapEx

4%

$112

Vacancy

3%

$84

Maintenance

4%

$112

Other

11%

$308

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