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633 W Southern Ave UNIT 1181, Tempe, AZ 85282

3 beds • 2 baths • 1000 sqft

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This property looks like a bad Long-Term investment with a projected -7.75% first-year return on $63,000 initial cash invested.

-7.75%

Cash On Cash

4.96%

Cap Rate

0.8

DSCR

$2,100

Rent

-$407

Cashflow

$28,560

Annaul

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

Financing

Purchase Price

$300k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$63,000

Downpayment

20%

$60,000

Closing costs

1%

$3,000

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,100

Total Expenses

$2,507

Mortgage P&I

73%

$1,541

Property Taxes

5%

$101

Home Insurance

5%

$105

HOA

10%

$214

PManagement

10%

$210

CapEx

5%

$105

Vacancy

6%

$126

Maintenance

5%

$105

Other

0%

$0

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Comparable Property

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Beds

Baths

SQFT

Distance

633 W Southern Ave, Tempe, AZ 85282

$1,795

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2

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0.1 mi

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$2,600

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3

2

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0.2 mi

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$2,500

4

2

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1.3 mi

1255 S Forest Knoll St

$1,100

2

1

0.9 mi

2022 S American St

$2,850

5

4

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0.6 mi

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$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

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0.6 mi

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