REI Lense

REI Lense

Unlock all features! Tap here to upgrade

img

651 E GLADE Avenue, Mesa, AZ 85204

3 beds • 2 baths • 1390 sqft

Email

This property might be a fair Airbnb investment with a projected 3.2% first-year return on $81,000 initial cash invested.

3.2%

Cash On Cash

7.49%

Cap Rate

1.24

DSCR

$3,688

Rent

$216

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$300k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$81,000

Downpayment

20%

$60,000

Closing costs

1%

$3,000

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,688

Total Expenses

$3,472

Mortgage P&I

41%

$1,509

Property Taxes

2%

$87

Home Insurance

3%

$105

HOA

0%

$0

Property Management

15%

$553

CapEx

4%

$148

Vacancy

0%

$0

Maintenance

4%

$148

Other

25%

$922

Loading map...

Comparable Property

Rent

ADR

Beds

Baths

Distance

Cacti Corner | Modern Home

$3,855

$195

3

2

0.6 mi

Mesa AZ GEM! - Monthly Discount, Dog Friendly!

$2,610

$132

3

2

0.85 mi

Temple St Casita in Mesa

$2,590

$131

3

2

0.97 mi

3BR house where luxury meets comfort

$3,836

$194

3

2

1.04 mi

104 W Rancho Del Cerro

$2,500

$250

4

2

1.3 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis