REI Lense

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$3,873 (target)

891 N DATE PALM Drive, Gilbert, AZ 85234

3 beds • 2 baths • 2347 sqft

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This property looks like a bad Mid-Term investment with a projected -9.67% first-year return on $145k initial cash invested.

-9.67%

Cash On Cash

4.24%

Cap Rate

0.68

DSCR

$3,873

Rent

-$1,167

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,873 income − $5,040 expenses = $1,167 out of pocket

Income$3,873Out of Pocket$1,167Mortgage P&I$3,14781%Property Taxes$2005%Insurance$2186%HOA$1584%Management$46512%CapEx$1554%Vacancy$1163%Maintenance$1554%Other$42611%

Investment Breakdown

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Purchase Price

$604k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$145k

Downpayment

20%

$121k

Closing costs

1%

$6,037

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,873

Total Expenses

$5,040

Mortgage P&I

81%

$3,147

Property Taxes

5%

$200

Home Insurance

6%

$218

HOA

4%

$158

Property Management

12%

$465

CapEx

4%

$155

Vacancy

3%

$116

Maintenance

4%

$155

Other

11%

$426

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