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9316 E Balsam Ave APT 23, Mesa, AZ 85208

2 beds • 1 baths • 616 sqft

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This property might be a fair Long-Term investment with a projected 4.56% first-year return on $31,290 initial cash invested.

4.56%

Cash On Cash

7.51%

Cap Rate

1.26

DSCR

$1,430

Rent

$119

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

Financing

Purchase Price

$149k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$31,290

Downpayment

20%

$29,800

Closing costs

1%

$1,490

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,430

Total Expenses

$1,311

Mortgage P&I

52%

$742

Property Taxes

1%

$14

Home Insurance

4%

$52

HOA

9%

$130

PManagement

10%

$143

CapEx

5%

$72

Vacancy

6%

$86

Maintenance

5%

$72

Other

0%

$0

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