REI Lense

REI Lense

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$2,255 (target)

6492 S VIEW Lane, Gilbert, AZ 85298

3 beds • 2 baths • 1693 sqft

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This property looks like a bad Long-Term investment with a projected -13.3% first-year return on $101k initial cash invested.

-13.3%

Cash On Cash

3.4%

Cap Rate

0.58

DSCR

$2,255

Rent

-$1,121

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,255 income − $3,376 expenses = $1,121 out of pocket

Income$2,255Out of Pocket$1,121Mortgage P&I$2,373105%Property Taxes$1406%Insurance$1738%HOA$1035%Management$22610%CapEx$1135%Vacancy$1356%Maintenance$1135%

Investment Breakdown

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Purchase Price

$482k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$101k

Downpayment

20%

$96,360

Closing costs

1%

$4,818

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,255

Total Expenses

$3,376

Mortgage P&I

105%

$2,373

Property Taxes

6%

$140

Home Insurance

8%

$173

HOA

5%

$103

Property Management

10%

$226

CapEx

5%

$113

Vacancy

6%

$135

Maintenance

5%

$113

Other

0%

$0

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