7878 E Gainey Ranch Road #29, Scottsdale, AZ 85258
3 beds • 5 baths • 4488 sqft
$3,800,000
View on ZillowThis property looks like a bad Airbnb investment with a projected -32.65% first-year return on $816k initial cash invested.
-32.65%
Cash On Cash
0%
Cap Rate
0
DSCR
$4,858
Rent
-$22,200
Cashflow
Cash Flow
$4,858 income − $27,058 expenses = $22,200 out of pocket
Investment Breakdown
|
Purchase Price
$3800k
Downpayment
20.0%
Interest Rate
7.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$816k
Downpayment
20%
$760k
Closing costs
1%
$38,000
Rehab
0%
$0
Furnishing
0%
$18,000
Cashflow
Total Income
$4,858
Total Expenses
$27,058
Mortgage P&I
453%
$22,006
Property Taxes
14%
$695
Home Insurance
27%
$1,330
HOA
14%
$696
Property Management
15%
$729
CapEx
4%
$194
Vacancy
0%
$0
Maintenance
4%
$194
Other
25%
$1,214