REI Lense

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$3,674 (target)

685 E LINDA Lane, Gilbert, AZ 85234

3 beds • 2 baths • 1710 sqft

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This property looks like a bad Mid-Term investment with a projected -10.92% first-year return on $154k initial cash invested.

-10.92%

Cash On Cash

3.81%

Cap Rate

0.62

DSCR

$3,674

Rent

-$1,406

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,674 income − $5,080 expenses = $1,406 out of pocket

Income$3,674Out of Pocket$1,406Mortgage P&I$3,32290%Property Taxes$1614%Insurance$2286%HOA$1203%Management$44112%CapEx$1474%Vacancy$1103%Maintenance$1474%Other$40411%

Investment Breakdown

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Purchase Price

$650k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$154k

Downpayment

20%

$130k

Closing costs

1%

$6,499

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,674

Total Expenses

$5,080

Mortgage P&I

90%

$3,322

Property Taxes

4%

$161

Home Insurance

6%

$228

HOA

3%

$120

Property Management

12%

$441

CapEx

4%

$147

Vacancy

3%

$110

Maintenance

4%

$147

Other

11%

$404

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