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8502 W MYRTLE Avenue, Glendale, AZ 85305

4 beds • 4 baths • 3704 sqft

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This property looks like a bad Airbnb investment with a projected -17.36% first-year return on $171k initial cash invested.

-17.36%

Cash On Cash

1.8%

Cap Rate

0.31

DSCR

$2,853

Rent

-$2,471

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$699k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$171k

Downpayment

20%

$140k

Closing costs

1%

$6,990

Rehab

0%

$0

Furnishing

3%

$24,000

Cashflow

Total Income

$2,853

Total Expenses

$5,324

Mortgage P&I

119%

$3,404

Property Taxes

7%

$206

Home Insurance

9%

$245

HOA

4%

$100

Property Management

15%

$428

CapEx

4%

$114

Vacancy

0%

$0

Maintenance

4%

$114

Other

25%

$713

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