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75 Lone Mesquite Ct, Elgin, AZ 85611

3 beds • 2 baths • 2304 sqft

$1,600,000

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This property looks like a bad Airbnb investment with a projected -28.54% first-year return on $354k initial cash invested.

-28.54%

Cash On Cash

0.12%

Cap Rate

0.02

DSCR

$2,447

Rent

-$8,420

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,447 income − $10,867 expenses = $8,420 out of pocket

Income$2,447Out of Pocket$8,420Mortgage P&I$8,476346%Property Taxes$65627%Insurance$56023%Management$36715%CapEx$984%Maintenance$984%Other$61225%

Investment Breakdown

|

Purchase Price

$1600k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$354k

Downpayment

20%

$320k

Closing costs

1%

$16,000

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$2,447

Total Expenses

$10,867

Mortgage P&I

346%

$8,476

Property Taxes

27%

$656

Home Insurance

23%

$560

HOA

0%

$0

Property Management

15%

$367

CapEx

4%

$98

Vacancy

0%

$0

Maintenance

4%

$98

Other

25%

$612

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