REI Lense

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$5,852 (target)

6432 E VIRGINIA Avenue, Scottsdale, AZ 85257

3 beds • 2 baths • 1581 sqft

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This property might be a fair Mid-Term investment with a projected 0.71% first-year return on $159k initial cash invested.

0.71%

Cash On Cash

6.63%

Cap Rate

1.1

DSCR

$5,852

Rent

$94

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,852 income − $5,758 expenses = $94 cash flow

Income$5,852Mortgage P&I$3,39258%Property Taxes$1142%Insurance$2624%Management$70212%CapEx$2344%Vacancy$1763%Maintenance$2344%Other$64411%Cash Flow$94

Investment Breakdown

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Purchase Price

$674k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$159k

Downpayment

20%

$135k

Closing costs

1%

$6,735

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$5,852

Total Expenses

$5,758

Mortgage P&I

58%

$3,392

Property Taxes

2%

$114

Home Insurance

4%

$262

HOA

0%

$0

Property Management

12%

$702

CapEx

4%

$234

Vacancy

3%

$176

Maintenance

4%

$234

Other

11%

$644

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