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2503 E Southgate Ave, Phoenix, AZ 85040

3 beds • 2 baths • 864 sqft

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This property looks like a bad Long-Term investment with a projected -6.52% first-year return on $62,979 initial cash invested.

-6.52%

Cash On Cash

5.01%

Cap Rate

0.83

DSCR

$1,770

Rent

-$342

Cashflow

$28,560

Annaul

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

Financing

Purchase Price

$300k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$62,979

Downpayment

20%

$59,980

Closing costs

1%

$2,999

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,770

Total Expenses

$2,112

Mortgage P&I

85%

$1,506

Property Taxes

2%

$42

Home Insurance

6%

$105

PManagement

10%

$177

CapEx

5%

$88

Vacancy

6%

$106

Maintenance

5%

$88

Other

0%

$0

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