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815 W ELNA RAE Street, Tempe, AZ 85281

3 beds • 2 baths • 1264 sqft

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This property looks like a bad Airbnb investment with a projected -7.3% first-year return on $117k initial cash invested.

-7.3%

Cash On Cash

4.47%

Cap Rate

0.76

DSCR

$3,661

Rent

-$710

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$470k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$117k

Downpayment

20%

$94,000

Closing costs

1%

$4,700

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,661

Total Expenses

$4,371

Mortgage P&I

63%

$2,313

Property Taxes

4%

$138

Home Insurance

4%

$164

HOA

0%

$0

Property Management

15%

$549

CapEx

4%

$146

Vacancy

0%

$0

Maintenance

4%

$146

Other

25%

$915

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Comparable Property

Rent

ADR

Beds

Baths

Distance

Hot Tub, Pet Friendly & Walk to Mill Ave/ASU

$3,952

$213

3

2

0.15 mi

Comfortable 3BR Home in the Heart of Tempe

$5,882

$317

3

2

0.36 mi

Mid-Century Chic - Walking Distance Downtown Tempe

$4,490

$242

3

2

0.4 mi

104 W Rancho Del Cerro

$2,500

$250

4

2

1.3 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

Projection Charts

Investment Value YoY

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