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961 E Redondo Dr, Gilbert, AZ 85296

3 beds • 3 baths • 1632 sqft

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This property looks like a bad Long-Term investment with a projected -10% first-year return on $86,079 initial cash invested.

-10%

Cash On Cash

4.22%

Cap Rate

0.71

DSCR

$2,310

Rent

-$717

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

Financing

Purchase Price

$410k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,079

Downpayment

20%

$81,980

Closing costs

1%

$4,099

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,310

Total Expenses

$3,027

Mortgage P&I

88%

$2,044

Property Taxes

5%

$104

Home Insurance

6%

$144

HOA

6%

$133

PManagement

10%

$231

CapEx

5%

$116

Vacancy

6%

$139

Maintenance

5%

$116

Other

0%

$0

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Beds

Baths

SQFT

Distance

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3

2.5

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0.2 mi

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$2,175

3

3

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1.1 mi

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$2,160

3

3

1536

1.6 mi

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4

2

2380

1.3 mi

1255 S Forest Knoll St

$1,100

2

1

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

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