REI Lense

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$3,017 (target)

8428 S 16TH Drive, Phoenix, AZ 85041

3 beds • 3 baths • 2477 sqft

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This property looks like a bad Long-Term investment with a projected -16.87% first-year return on $136k initial cash invested.

-16.87%

Cash On Cash

2.83%

Cap Rate

0.46

DSCR

$3,017

Rent

-$1,914

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,017 income − $4,931 expenses = $1,914 out of pocket

Income$3,017Out of Pocket$1,914Mortgage P&I$3,293109%Property Taxes$40513%Insurance$2288%HOA$2207%Management$30210%CapEx$1515%Vacancy$1816%Maintenance$1515%

Investment Breakdown

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Purchase Price

$649k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$136k

Downpayment

20%

$130k

Closing costs

1%

$6,485

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,017

Total Expenses

$4,931

Mortgage P&I

109%

$3,293

Property Taxes

13%

$405

Home Insurance

8%

$228

HOA

7%

$220

Property Management

10%

$302

CapEx

5%

$151

Vacancy

6%

$181

Maintenance

5%

$151

Other

0%

$0

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