REI Lense

REI Lense

Unlock all features! Tap here to upgrade

img

7243 S ALDER Drive, Tempe, AZ 85283

3 beds • 2 baths • 1560 sqft

Email

This property looks like a bad Long-Term investment with a projected -13.61% first-year return on $116k initial cash invested.

-13.61%

Cash On Cash

3.45%

Cap Rate

0.57

DSCR

$2,450

Rent

-$1,310

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$550k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$116k

Downpayment

20%

$110k

Closing costs

1%

$5,500

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,450

Total Expenses

$3,760

Mortgage P&I

113%

$2,767

Property Taxes

7%

$165

Home Insurance

8%

$192

HOA

0%

$0

Property Management

10%

$245

CapEx

5%

$122

Vacancy

6%

$147

Maintenance

5%

$122

Other

0%

$0

Loading map...

Comparable Property

Rent

Beds

Baths

SQFT

Distance

1848 E Chilton Dr, Tempe, AZ 85283

$2,300

3

2

1574

0.1 mi

1870 E Drake Dr, Tempe, AZ 85283

$2,300

3

2

1574

0.3 mi

1540 E Divot Dr, Tempe, AZ 85283

$2,495

3

2

1543

0.3 mi

1953 E Orion St, Tempe, AZ 85283

$2,000

3

2

1564

0.9 mi

104 W Rancho Del Cerro

$2,500

4

2

2380

1.3 mi

1255 S Forest Knoll St

$1,100

2

1

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

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

3030

0.6 mi

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis