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$4,562 (target)

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 Mid-Term investment with a projected -22.64% first-year return on $354k initial cash invested.

-22.64%

Cash On Cash

1.48%

Cap Rate

0.23

DSCR

$4,562

Rent

-$6,680

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,562 income − $11,242 expenses = $6,680 out of pocket

Income$4,562Out of Pocket$6,680Mortgage P&I$8,476186%Property Taxes$65614%Insurance$56012%Management$54712%CapEx$1824%Vacancy$1373%Maintenance$1824%Other$50211%

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

$4,562

Total Expenses

$11,242

Mortgage P&I

186%

$8,476

Property Taxes

14%

$656

Home Insurance

12%

$560

HOA

0%

$0

Property Management

12%

$547

CapEx

4%

$182

Vacancy

3%

$137

Maintenance

4%

$182

Other

11%

$502

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